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Commodities and Speculators


An interesting read…

“Hard evidence, though, of strong correlations between traders’ positions and price movement is elusive.”

Even if there was correlation, I want to see some proof of causality!

“The CFTC want to limit big speculators’ holdings.  Yet even some of its members doubt its proposals would effects prices.”

Put that in your pipes and smoke it, Senator Dodd and Congressman Frank!