Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Racehorse
While I am not much for conspiracy theories, I don't see any economic reasons for the current run up in oil prices. Prices went up when the Saudi King went room temperature and just even the mention of Middle East instability.

Hurricane Katrina is a real threat to our oil infastructure, but I think this situation is being made far worse by oil speculators. Is George Sorros behind this oil price hike as a means of getting George Bush?

2 posted on 08/28/2005 3:14:53 PM PDT by The Great RJ (q)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: The Great RJ

Soros is a major currency trader. I'm not for conspiracy theories either, but

He was massively shorting the american dollar last year, and some where saying it created a trend strong enough to influence the huge run up of the Euro vs dollar.
Interesting how this was all going on during the election year where the economy was considered the most important issue.

Since then, in the later spring of this year, the dollar came on strong and the euro has sunk. I hope Soros took it in the pants when that happened.
Soros also has recently lost a case of fraud issued by the French government for currency manipulation. He had to pay over a million dollars in the settlement.


4 posted on 08/28/2005 3:25:30 PM PDT by Proud_USA_Republican
[ Post Reply | Private Reply | To 2 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson