>>Flight will be to commodities
AKA more bullshyte manipulation of prices by “investors” - just as we saw with the manufactured oil prices when gas hit $5+ in 2008.
If you can’t/don’t intend to take physical delivery of the commodity you shouldn’t be allowed to trade....
Demand should be real - not a figment of Goldman’s trading accounts.
Agree 100%. Most people do not know that 4 men basically in NYC (4 firms) possessed 71% of all the oil futures contracts for July 2008.
And the SEC regulates how?
Food, clean water, oil and electrical power will be the commodities that are run on next. We've just witnessed this summer the use of a non-native minnow to fry 30% of the agriculture in central CA.
I say oil because Zeewoe's thugs, the EPA, etc. are on an all out push to ban exploratory drilling of the coasts off the US and all federal lands not covered to date.