Comment Text:
To Whom It May Concern:
Speculators are driving up the prices of oil, wheat and almost anything they think they can make a quick buck on! The wild swings in gas pricing is not always due to shortages of oil, it is traders buying short or long and speculating that pricing will go up or down and then making a profit off the trade, which has nothing to do with the price of the commodity. It is time to stop this and put a surcharge on trades that just speculate and traders who have no plan to actually USE the commodity in question.
Traders who only want to speculate should be banned from the commodity market!
Thank you,
Peter Milio
Peter Milio
Norris Realty Advisors
(626) 405-9922
(626) 405-0822 FAX
[email protected]
www.norrisadvisors.com
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