On Apr 12, 2012, at 2:04 PM, Shane Mage wrote: > This is shameless demagogy. Kennedy doesn't even admit that for every > speculative dollar betting on a price increase there is a speculative dollar > betting the other way.
Then why do markets ever move in a sustained direction? There's never a preponderance of buyers over sellers? This would be news to anyone who participates seriously in the things. Enormous funds have come into commodity markets via commodity funds. They're a major reason that oil and food prices have gone up in recent years. Doug _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
