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Originally Posted by lannarebirth Despite the ideologies on display here claiming to know why commodities have been rising, there is only one reason they rise, and that is because someone throws more money at the market. The last few years "investment funds" have and involved themselves in commodity markets, not because they have any particular interest in commodities, but because by buying the futures and rolling out the contracts each month, they can by themselves move the market higher. |
exactly, accusing the Chinese or India of consuming too much oil as the reasons behind the rise in prices is ridiculous, above all when current oil supply can server everyone. No shortage, no matter how many new cars the Chinese are buying. The "weak" will fall for the lies and go where everyone is going, following the market. Meanwhile those with a clue started to unload their portfolios as soon as the rush was too obvious.