This is Saran from India. I want to know why crude prices are incresing day to day and why America is fixing t

Question

This is Saran from India. I want to know why crude prices are incresing day to day and why America is fixing the price rate for Gold, Crude and other items

Answer 1

It is all about supply and demand. The demand is there and the supply gets cut back so the price increases.

Answer 2

Crude prices are increasing because consumption is increasing faster than production. The US isn't so much 'fixing' the price as controlling the supply as much as they can, but that is only as long as the US military performs for the world's oil companies or as long as the US economy can support it. As long as China and other countries are willing to let the US go further into debt, the US dollar won't fall in value, and the US will continue to take advantage of the situation. Now that countries like India and China have willingly taken on services for the US in exchange for 'better' living standards, the demand for energy and oil is rising even faster. The gold price is probably being manipulated so that the stock markets don't lose their perception of solid growth (when gold rises too fast, investors start worrying about finding new victims to sell their stock to in the future). Whether it is being manipulated by the US somehow, or just by the PTB (powers that be), I don't know.

Answer 3

Well Saran from India--you've come to some very interesting conclusions and you're running them in here on us as if they were gospel---First of all the price of Gold as well as the price of crude is set in open market trading---open market trading --that means all around the world--people from where ever buy and sell on and agaisnt the prices according to what the market price is....Also--the world market price has an enormous load to do with the supply being available---the largest producers are in the cartel known as OPEC and there is not one single American on that membership--- these are the people with the greatest leverage on price----once again--not Americans---seems for what ever reason--some one has done a really solid dupe job on your thinking on these matters and before you step off in OUR HOUSE shaking your little shame shame finger at us -- you need to get your facts straight and in order---while we're on the subject of the blame game---why do so many American charities have to pick up soooo much slack in YOUR country in services to the poor and disfranchised ????

Answer 4

First of all, America doesn't have anything to do with the price of crude. Those prices are set by the Arab nations. The OPEC countries. Our own oil companies are gouging us with high prices here in America and blaming it on OPEC. As far as precious medals and things like that, those prices are set on the world wide open market. It's pretty hard for one country to fix any of those prices. I wish the world would understand that we here in America, are subject to the same problems as other countries. It's not us, the people here in America that's the problem. Quit hating us. It's the big world wide Corporations, including oil companies, who are greedily causing the problems. They're trying to fix things to create a world wide economy and monetary structure. We're as against it as you are and our government won't here us.

Answer 5

Believe me, Americans are paying high prices for gasoline and oil. If anyone is jacking up the prices, it is the oil companies. I do not know who is really responsible, probably several different countries are involved. I hate the high prices also!

Answer 6

I'ts because america can not fix it because america is not running the country.

Answer 7

Who knows... why does the tree have green leaves?

Answer 8

hello, i am a chinese senior school boy,i want to make friends with the foreign friends,my msn address is "[e-mail]"