Speculation works. Any effect the speculators have on the price going up they will also have on it going down. Will we blame them for that to. I am old enough to remember the Saudis blaming speculators for keeping oil at $10.00 per barrel. LOL
While I hate seeing my FXI down this year, where would oil prices be if China had grown more than 9% this year. Only 9%! This is just the start so you better get on board. NOV, SLB, RIG, PBR should get it done.
