[TigerLikesRooster]

Not really. I suspect commodity speculation is the last card many financial institution have used to stay afloat. Now some big ones are gone. Everybody entangled with them via derivatives has to cover themselves by raising cash.

Consumers could have a breather. For now.

[dirtboy]

Not really. I suspect commodity speculation is the last card many financial institution have used to stay afloat. Now some big ones are gone.

I've felt the same thing myself. And the the Fed and the FTC let it happen to try and help keep the brokerages propped up. But that was a very stupid policy, because it slowed down the economy and drove more people on the margin into default on their mortgages. And in the end made the inevitable worse.

[dirtboy]

Consumers could have a breather. For now.

Time to re-impose position limits for commodities on investment banks.