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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: Ed Ajootian who wrote (121127)5/28/2009 11:11:58 PM
From: Archie Meeties2 Recommendations  Read Replies (2) of 206116
 
Something to consider: Since the introduction of commodity ETF's has the pricing of commodities switched from "price discovery" to "discounting mechanism"?

In other words, those buying UNG, USO, etc. receive little feedback from actual markets, and in the absence of that, will over time, attempt to discount future s/d balances.

BDI smoking.
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