Spec money has nothing to do with commodity price rises, honest
News that the U.S. Commodity Futures Trading Commission said Thursday it was expanding its surveillance of the energy markets, and had begun an investigation into potential oil market manipulation in the U.S. sparked fears that the CFTC could take action to limit the role of speculative funds in the commodities markets.
That had NOTHING to do with soybeans closing 50c down, meal down 12 bucks, oil down 235 points, wheat down 15c, corn down 10c and crude down $4/barrel.
That was a coincidence or something. Prices are high due to market forces, world demand, China, India, earthquakes, Iran and stuff. NOTHING to do with price manipultion. This is a MASSIVE buying opportunity.
That had NOTHING to do with soybeans closing 50c down, meal down 12 bucks, oil down 235 points, wheat down 15c, corn down 10c and crude down $4/barrel.
That was a coincidence or something. Prices are high due to market forces, world demand, China, India, earthquakes, Iran and stuff. NOTHING to do with price manipultion. This is a MASSIVE buying opportunity.