Burst Bubble? Commodities' Long-Term Story Remains Intact [View article]
The commodities market experienced a similar correction in June 2006. During that time, Goldman flooded the market with $6 billion worth oil futures (i.e. paper oil), pushing down the oil price from $70/barrel to $48/barrel.
Burst Bubble? Commodities' Long-Term Story Remains Intact [View article]