homan

Supply and Demand Have Little Relevance in Commodities Prices

All markets anticipate future action, that being said markets overshoot up and down and speculators definetly pile on when there is a live market. The narrative is really just a story told to suck investors into the market. The dot com buble, housing buble, and comodity buble each had a story after all every good product finacial or physical has to be sold with a convincing story buyer be ware.