Interesting article and the long series of comments; shows how much the issue is touching on the soft spot. Some people think the pricey oil is because of the weak dollar, well ... that's just partly true. Oil has gone up by 38% in the last 6 months, if measured in gold (the time-tested currency). And don't worry about the next winter and lack of heating oil. Bern-anke-Bern is printing tons of money, we should be able to burn lots of that paper to keep us warm!
Commodity ETFs Overbought; Gold Least So [View article]
Even the numbers are getting all mixed up. Throwing in standard deviation and percentages together doesn't make sense. On a bell curve, the relationship between the two is well known but requires a lookup to make sense of the relationship. The difference between 2% overbought and 10% overbought may not be statistically significant on the curve. What a waste of time!
PowerShares DB Energy: Too Late to Join the Party? [View article]
An Oil-Driven Paradigm Shift? [View article]
Commodity ETFs Overbought; Gold Least So [View article]