Etf Planet

Speculators Driving Up Commodity Prices? Hardly

Your reasoning is flawed sir. Here's an example. An institution calls up the USO and wants to put 100B into their fund. USO says OK, and then goes into the market buying futures. No impact you say? Hardly. I understand what you are getting at, these funds dont take delivery, they do have to unload these contracts and roll into the next month, but they're unloaded them at an artificially high price that they influenced when getting in earlier in the month. Next month, repeat.