SEARCH BLOG: OIL
Can you connect the dots?
CNN - January 2, 2008 - It's been rumored Goldman Sachs has over $80 billion in the market, although the investment bank declined comment for this story.I don't know if you can connect the dots, but... if not, I think Goldman Sachs has a bridge they'd like to sell you. In the meantime, they're doing quite a business pumping up the price of oil [and gas]... pun intended.
CNN - May 7, 2008 - Oil hit record settlement and trading highs Tuesday after a Goldman Sachs analyst said crude prices could reach $150 to $200 within the next six months to two years.
I tend to be skeptical about many things, but there has been enough massive financial manipulation going on the past decade to warrant the suggestion that you re-read this...