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Do You Know What Happened to the Crude Oil Market Today?

Submitted by rlcmcallen on Mon, 09/22/2008 - 16:39
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Not only did gold surge in the market today, but crude oil is up a record amount. It hit $130 at one point, and ended up $18.00 for the day. This will put an additional strain on the American economy just when it doesn't need it.

http://www.kitco.com/ind/nadler/sep222008B.html

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Platinum also set a record.

Submitted by IamVoting4RonPaul on Mon, 09/22/2008 - 18:19.

Gold and silver should have also set records as well.

Thanks gold cartel.

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Before the elections is a good time for this additional strain..

Submitted by SoggyBottomBoy on Mon, 09/22/2008 - 17:03.

The underlying problem has been brewing for years, maybe people will wake up in time!!
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Where's the happy little tire swing?

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What can be said of a people who would sell their own children into slavery, using the rational that it is to protect their freedom?

So, if this is true

Submitted by cactus1010 on Mon, 09/22/2008 - 17:00.

then we should see a big drop in oil prices tomorrow...right?

Don't worry -- JZ's magical $70 oil will save you!

Submitted by OpenRevolt on Mon, 09/22/2008 - 16:57.

:p

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Thank you JZ!!! ;-)

Submitted by john2k on Mon, 09/22/2008 - 18:02.

Thank you JZ!!! ;-)

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You know what's even cooler?

Submitted by JayPee on Mon, 09/22/2008 - 16:51.

You know what's even cooler? Check out http://money.cnn.com/data/commodities/index.html Notice how all commodities went up today. This looks like dollar devaluation to me.

"My theories explain, but cannot slow the decline of a great civilization. I set out to be a reformer, but only became the historian of decline."
- Ludwig Von Mises

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"My theories explain, but cannot slow the decline of a great civilization. I set out to be a reformer, but only became the historian of decline."
- Ludwig Von Mises

It was the last day of

Submitted by UKLooney on Mon, 09/22/2008 - 16:44.

It was the last day of trading for October's stocks.

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Ron Paul R[̲̅ə̲̅٨̲̅٥̲̅٦̲̅]ution 2012

So, if that's true

Submitted by cactus1010 on Mon, 09/22/2008 - 17:02.

then we should see a big down in oil prices tomorrow...right?

all depends on what the

Submitted by SIERRAHPBT on Mon, 09/22/2008 - 18:19.

all depends on what the dollar does.

I am more concerned about the return of my money than the return on my money. --Mark Twain

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“A prudent man foreseeth the evil, and hideth himself: but the simple pass on, and are punished.” (Prov. 22:3; 27:12 KJV)

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