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Commodity Bubble?

Haymore posted on 05/30/08 at 08:10 AM

This link is to a very interesting transcript about commodity price increases.

http://hsgac.senate.gov/public/_files/052008Masters.pdf

Ibanks & hedge funds vs politicians (with the advise and consent of highly paid lobbyist )

Edited by Haymore at 10/07/08 at 03:20 PM
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Posted by Haymore on 05/30/08 at 08:10 AM

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snowman

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snowman
Posted May 30, 2008 (01:30PM)
So now you have the ammunition to e-mail your congressperson that you are wise as to what is causing the problem and ask them to stop it (The Banks) by closing the loop hole for position limits given to banks. Also stop government pension funds from hedging in the commodities market. But it you do not e-mail your Congressperson, you will have hyper-inflation. When that happens, the banks will have already switched to some other bubble or game and leave you holding the bag. It can be changed, and probably will have no affect today, however we may be able to STOP BEN and COMPANY before it is too late. You see the depression is going to come anyway. Having hyper-inflation will not solve it only prolong it.
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