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The whole commodities "bubble" theory was phony baloney. Companies with good earnings and solid fundamentals in markets of high demand are SUPPOSED to rise in price. That's what happens in a healthy market. There was no need for a "correction" because nothing was incorrect.
Oct 08 13:14 pm
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All Comments by Dux »The Burst Commodities Bubble [View article]
This crash was brought on something else. I suspect market manipulation of a high order --hedge fund mischief, short selling sleaze, fake pronouncements by by fat cats looking to clean up at the top and the bottom.
This wasn't about worthless overpriced stocks reaching their true value (as in the Dot Com Bubble) -- it was about good stocks being driven into the ground by sleazy manipulative crooks.