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Index Funds Aren't Speculators
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Indeed, Mr. Masters seems to have gotten it wrong when blamed "Index Speculators" for the run-up in crude oil prices.
The market, in fact, signaled the disconnection between fund buying and prices long before oil arced downward.
See the Hard Assets Investor article "Congress Blames Index Speculators" at
www.hardassetsinvestor...
.
Sep 13 11:12 am
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Index Funds Aren't Speculators [View article]
The market, in fact, signaled the disconnection between fund buying and prices long before oil arced downward.
See the Hard Assets Investor article "Congress Blames Index Speculators" at www.hardassetsinvestor....