alexx

'Index Speculators' Responsible For Commodity Prices?

sorry to enter this so late...but most observers miss the simple point about rampant speculation: let's force CFTC to mandate 100% margin requirements for 30 or 90 days, and then we'll see what happens to prices and where the true demand is.The mountain of money (Masters IS CORRECT) that came to the futures pits only came for ONE thing:Leverage. Remove that 30 to 1 leverage with 100% margins and you get a true picture of demand...some of us who have seen these bubbles before still remember the 70's and the 80's for the sugar, coffee, orange juice, copper, silver-Hunts,and many others and they all went POOF when the CFTC enforced its Congress given authority and enforced the law instead of being asleep at the wheel for the last 4 years...