The Futures Belong To....

Well, I have a "thing" about futures markets, especially the oil, gas, and natural gas segments, but even the original agriculture based futures markets are just filled with speculators, and these speculators are VERY wealthy. Folks, if you think politicians can put a "spin" onto something, these people could give lessons to the politicians. Oil inventories drop.... oil futures soar. Reason "given": "Why it's good old supply and demand. The principle that made us rich...ah, I mean that made America great." Oil inventories build...oil futures go up in price. Reason "given": "There was a kidnapping in Nigeria." What happened to supply and demand? "Oh, that doesn't apply here at this time. We're watching the international scenario." Nigeria settles down... oil supplies build to about a ten year high...oil futures go up. Reason "given": "The international situation has calmed, and while oil inventories are high, they might not be next week or next month." Folks, if you believe all of this nonsense, I've got a can of "3 in 1 Oil" I'll sell you for fifty bucks. These markets are so controlled by so few, that the idea that there's real competition is ludicrous.