even in housing, even if you're in a house, you must know there are certain risks downside in housing. in oil for the most part, most of the world isn't invested in oil. most of the world doesn't have a stake in the price in terms of the financial stake of the price, but they do have a stake in terms of what they pay at the pump, in terms of what it costs them to heat their homes, what it costs to get back and forth to work. so clearly there is an incentive to have more controls over an oil market where everybody is unfortunately or fortunately involved even though they may or may not be directly invested in it. >> that means a case for more regulation, are you arguing? because the oil markets have been essentially hijacked by financial elites whose interests are at odds with consumers? >> first of all, the financial elites are one piece of the puzzle. the other piece of the puzzle are people like you and me. everybody who has been reaching for hard assets instead of the soft assets that we know that