tom2987

'Index Speculators' Hoarding Commodities

you are totally wrong. Look at the cotton market. Goes north of $90, farmers are offered 60, they say wait a minute, the market says $90. They're told "oh, that's just the contract price, nobody is interested in paying $90 for physical cotton". What the hell are they trading then? I sure hope the CFTC rolls some heads in all the commodity markets.

I guess we know where all the Enron traders went after it closed.