Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Side Bets: So the Commodities Market is Efficient?

Taibbi Excerpt:

Between 2003 and 2008, the amount of speculative money in commodities grew from $13 billion to $317 billion, an increase of 2,300 percent. By 2008, a barrel of oil was traded 27 times, on average, before it was actually delivered and consumed.