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<blockquote data-quote="beentheredonethat" data-source="post: 969010" data-attributes="member: 4886"><p>You can believe anything you want, you can make any statement you want of your belief. But making quotes up and attributing them to a news article is LYING. </p><p></p><p>To answer your question of where speculators are from? I don't know where all of them are from. I'm sure there are speculators in the U.S. One of the largest exchanges for oil futures is in London (the International Petroleum Exchange) Granted this exchange was bought out by an American company a few years ago. (Full disclosure). But the exchange is still based in London. </p><p></p><p>Personally, I don't like how liberal the rules are for exchange, people\companies can buy oil futures with little if any money down and can make huge fortunes by betting on oil prices going up. I wish that futures wouldn't be allowed, or at the least, the margin requirements of buying a future were increased (ie. you need to put a huge chunk of money down in order to place the bet). </p><p></p><p>However, the issue is you made up a quote. That is lying. In my opinion that is not a personal attack. I am pointing out what you did. </p><p></p><p>It's funny your response back didn't comment of how you were called out for making things up. </p><p></p><p>Let me guess, the error was Bush's fault.</p></blockquote><p></p>
[QUOTE="beentheredonethat, post: 969010, member: 4886"] You can believe anything you want, you can make any statement you want of your belief. But making quotes up and attributing them to a news article is LYING. To answer your question of where speculators are from? I don't know where all of them are from. I'm sure there are speculators in the U.S. One of the largest exchanges for oil futures is in London (the International Petroleum Exchange) Granted this exchange was bought out by an American company a few years ago. (Full disclosure). But the exchange is still based in London. Personally, I don't like how liberal the rules are for exchange, people\companies can buy oil futures with little if any money down and can make huge fortunes by betting on oil prices going up. I wish that futures wouldn't be allowed, or at the least, the margin requirements of buying a future were increased (ie. you need to put a huge chunk of money down in order to place the bet). However, the issue is you made up a quote. That is lying. In my opinion that is not a personal attack. I am pointing out what you did. It's funny your response back didn't comment of how you were called out for making things up. Let me guess, the error was Bush's fault. [/QUOTE]
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