G. L. Turner

'Index Speculators' Hoarding Commodities

One other fallacy - the problem with the CIFs is that they represent a such huge pool of money - money that could continue to be 'sucked' up into the commodities via these relatively new funds. THIS WOULD CONTINUE to CAUSE HUGE Price increases with NO END IN SIGHT - again, a potential runaway freight train...Inarguable? yes, it that 'YOU CAN"T ARGUE" that they have created an enormous 'demand' for oil contracts way in advance of commercial users...think it through with an open mind...and you will see...G