Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
no value at all since we're all dead.  at least according to the Kunstler apocalyptos.

Not to mention a home refinery is a bit of a pig.  Which is of course why people invented futures so that speculators could capture the money without touching the underlying commod.  Not that that works all the time.  This year the GSCI lost something like 20% even though it is 60%+ oil and oil was unchanged.  Paying to roll month by month ate them alive.

by HiD on Fri Jan 5th, 2007 at 04:15:19 AM EST
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