Submitted on Saturday 19th November 2011
Published on Monday 21st November 2011
Current status: Closed
Closed: Wednesday 21st November 2012
Signatures: 2
Stop speculation on commodities
Speculation has caused bubbles in prices of several commodities, not only oil, but rice, copper and many other basic staples. The huge rises in prices caused by speculators who have no intention of taking delivery of the goods upon which they bid could be halted by simply insisting that only those groups who have the facility to accept delivery of said goods should be permitted to bid in the markets.
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