[MicroHydro]

$this->bbcode_second_pass_quote('dbarberic', 'T')he only explanation that I could find that might make sense, is a discussion that was on the last weekly broadcast of Financial Sense Online. Jim Puplava discussed that he believed that there is a risk that central banks will target and beat down the prices of assets (gold/commodities/etc) in order to make an argument that we are in deflation. This will give the Fed the excuse to start what Jim calls “the next great inflation”.

If you follow GATA (http://www.gata.org), I guess it is possible that this could be a concentrated and concerted effort to knock down prices. Only time will tell. If this continues over a period of time (days to weeks), then something is going on.

[threadbear]

$this->bbcode_second_pass_quote('MicroHydro', '')$this->bbcode_second_pass_quote('dbarberic', 'T')he only explanation that I could find that might make sense, is a discussion that was on the last weekly broadcast of Financial Sense Online. Jim Puplava discussed that he believed that there is a risk that central banks will target and beat down the prices of assets (gold/commodities/etc) in order to make an argument that we are in deflation. This will give the Fed the excuse to start what Jim calls “the next great inflation”.

If you follow GATA (http://www.gata.org), I guess it is possible that this could be a concentrated and concerted effort to knock down prices. Only time will tell. If this continues over a period of time (days to weeks), then something is going on.

[Kickinthegob]

AirlinePilot, I have often wondered the same thing, why do oil prices go down when they should be going up?
Sometimes I notice a news report such as "Price of crude plummets on US oil reserve data" meaning the price dropped a few cents because no matter what happens, the US economy can continue to function for the next few months. Another example might be something like "Oil plunges on weather report" meaning there are no hurricanes rolling into the gulf because hurricane season is finally over. A third example is a bit more curious and it goes something like "Oil dives on speculation" and that speculation can be varied but in the end, the price has gone down merely on speculation.
So the strategic petroleum reserve now acts like a swing producer, there are no hurricanes and speculation are all working to bring down the price of oil.

[frankthetank]

I think as long as employment stays steady and someone keeps picking up the tab, we'll be alright...although with the current deficity, i can't see how long that'll last!