LJ

Commodity Prices Now Driven By Interest Rates

Another funny article. Doesn't $1000 per barrel sound good to the rich? Or is he trying to suggest that the mother earth will give birth more oil according to the American interest rate decision?

Burst Bubble? Commodities' Long-Term Story Remains Intact

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.

A Warning for U.S. Dollar Bears and Commodity Bulls

Right now, not many people in Europe and Asia accept dollars. In Russia, oil and other natural resources are being priced in Russian Ruble. We cannot just listen to a few Wall Street Crooks or PBOC in China.