Myron Shlapak

Michael Masters Report: Not the Whole Story on Commodity Prices

Which came first, the Wellhead price increases or the Futures price increases?

As I recall, in the past there were few if any House Flippers yet housing prices still rose, but at a more moderate pace. Then all of a sudden they soared to extreme heights in a very short duration.

Now with the Flippers mostly gone house prices are declining and a glut of vacant buildings and lots dot the landscape.

I read recently that Spot oil is below Futures prices, Contango.

Should the speculators have higher margin requirements? Should potential homebuyers be required to make a substantial down payment? We may not want to answer the first question but we do know the ramifications of not enforcing the second.