Ep. 678: A Peaceful Easy Feeling with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Disingenuousness of Speculators in Oil Prices
The price of anything is where someone will buy and sell it to each other. OPEC doesn't like speculators don't just short the market, they go both ways. It's a very, it's for public relations. It's trying to placate their people because Saudi Arabia depends so much on oil. Some of the socialistic type of programs out there in the countries that depend on oil are leaning towards liberal socialist types of things.
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