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Is the Commodities Bubble Popping?- Fast Money Recap (4/29/08)

$150-$200 before $90? what are you smoking? You need to understand the trucking industry before you make dumb statments like that. I had a thriving business selling custom parts to the trucking industry, when diesel started climbing extra $ to spend went away immediately, with a gallon of diesel is $4.30, less and less drivers are willing to bust their ass to make less and less money so they just park their truck and look for other work. While speculating on oil should not be allowed as it completely screws our economy, 90% of everything is moved by truckers, those same truckers are organinzing a freeze out, which means NO trucks will be onthe highways for 7 days, no cargo, no frieght, no food, no fuel, NOTHING.... what effect do you think that will have on the economy? I'm guessing the government will have no choice but to get involved and install regulations that demand speculators put up 50-70% of the money to cover the games they are playing with stocks, once that happens the amount of risk goews up and the amount of games being played goes down.