Friday, April 6, 2007
Iran Attack: Pump & Dump?
That's the first thing that crossed my mind when I saw the headline to this RIA Novosti article: "No U.S. attack on Iran, oil price hits $70 in expectation". RIA Novosti, you might recall, was very active in pushing the April 6 attack rumor, with a steady stream of leaks from unnamed Russian military intelligence sources. Talk about moving the market.