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US going after commodities market riggers

Posted on 30 May 2011

It is no surprise to anyone that oil and other commodities are big business; few other resources are as vital to everyone’s day-to-day life as oil. The markets and traders that are brought to the commodities markets are often deeply enmeshed in the politics therein, and use this knowledge to profit from speculation.
When a commodity such as oil goes up in price dramatically it can cause change in the value of the USD on the online forex exchange. The power of oil is all-too apparent to many who do not hesitate to manipulate the price of the substance in an effort to profit……………………………………….Full Article: Source


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VRS - who has written 38515 posts on Opalesque Commodities Briefing.


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