Crude Oil prices continue to drift downwards . . . it appears though that a bottom is being formed.
February 15th, 2009 · No Comments · Energy
October 6th, 2008 · 2 Comments · Energy
As expected, as the funds exit the commodities markets, prices have declined precipitiously.
August 23rd, 2008 · 3 Comments · Energy, Markets
As I have always maintained, commodity speculators (index funds etc) drive the underlying commodities markets today wiithout any regard to fundamentals. The CFTC now looks totally naive/embarrassed, because they either did not know or if they did, did not want to limit/curb the markets which they oversee. A Few Speculators Dominate Vast Market [...]