Lets throttle Commodities

[Techdread]

http://www.examiner.com/x-9026-Econo...ty-speculators

I hope this story is not true:eek:
Precious metals is to boring to pour all my money into:rolleyes:

[Mega]

Re: Lets throttle Commodities

Schiff said they try this!
http://www.telegraph.co.uk/news/news...recession.html

[cjppjc]

Re: Lets throttle Commodities

Don't you need to have a recovery before you can have a second recession?

[vinoveri]

Re: Lets throttle Commodities

Schiff said they try this!
http://www.telegraph.co.uk/news/news...recession.html

Interesting quote from that article ...
"We have to ensure the oil market does not get ahead of itself and choke off the global economy," said a British official.

Just how will the UK ensure an orderly price in oil (hint: team up with the U.S. and stop printing so much money)

[pianodoctor]

Re: Lets throttle Commodities

Schiff said they try this!
http://www.telegraph.co.uk/news/news...recession.html

"Mr Brown and Mr Sarkozy believe world leaders could try to set a "price range" for oil, attempting to set upper and lower limits within which prices could fluctuate."

:rolleyes:

[rjwjr]

Re: Lets throttle Commodities

I'm confused. Weren't commodity and future exchanges established in large part so farmers, etc could have a way to hedge against large price swings, thus reducing their risk/volatility. And now, everyone is looking for ways to limit this ability to hedge? Seems backward to me, or at least it seems like people are trying to create a solution for the original supposed solution. But, as I said, I'm confused.