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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Crimson Ghost who wrote (10436)3/19/2004 8:33:35 PM
From: Archie Meeties  Read Replies (2) | Respond to of 110194
 
My point was that copper's price is not the result of leveraged speculation, but of an supply deficit. Leveraged speculation, such as referred to in the article about oil, was the initial and mistaken explanation.

I doubt fed tightening will do much for the price of commodities, just as I think modest fed tightening will do little to strengthen the dollar.


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