Here’s a little required reading for my commodities speculation fans, courtesy of Rolling Stone.
It becomes a little more obvious, doesn’t it, why all the great verve to convince the easily fooled that commodities markets are governed by supply and demand? Greed.
I remain annoyed, frankly, that President Obama continues to fiddle while these scandals burn.
But as the article points out, the depths to which people have gone over the past 60 years to turn the commodities floor into a casino where only the ordinary man loses probably aren’t correctable in one presidential term.
Or two. Or three. Or four.