June 30, 2008
“Wake Up” Alex Jones on 590 KLBJ 6/29/08
Rat Says: There is room for disagreement in the truth movement. The reason for oil futures currently trading at $143 is the combination of the dollar’s collapse, the war premium and speculation. If you add gold into the mix, you really can see why speculation and Iranian war fears were the driving causes of the move from $97 to $143 between Jan 08 and June 08.
Year to date, gold is up appx 6% and the dollar is down 7.5% (a strong inverse correlation), while oil futures are up a whopping 47%(appx). I think the problem with the speculation label is that the mainstream media will try to pin that on the average floor trader when the bulk of the manipulation has come from the big banks and their hedge funds.
Part 2
TheAlexJonesChannel
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