Monday, May 26, 2008

Commodity bubble

Commodity bubble Testimony of Michael W. Masters before the Committee on Homeland Security and Governmental Affairs Commodity price is manipulated by speculators ( Index Speculator Demand Is Driving Prices Higher ).



This is my view in agreement with Masters' as I commented during the last few years, i.e. price is manipulated by speculators (Index Speculator Demand Is Driving Prices Higher ).

You have asked the question “Are Institutional Investors contributing to food and energy
price inflation?” And my unequivocal answer is “YES.”

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