Monday, February 20, 2012

Goldman Sachs Admits Record Speculation To Blame For Skyrocketing Gas Prices: pSaying that “net speculative positions are four times as high as in June 2008,” investment banker Goldman Sachs “issued a warning that the price of oil has grown out of control due to excessive speculation.” The world’s largest commodity trader, Goldman Sachs told its clients that it believed speculators like itself had artificially driven the [...]/p

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