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


To: The Ox who wrote (93764)4/23/2008 8:07:56 AM
From: Merlinson  Read Replies (1) | Respond to of 110194
 
I think you guys may be closer to being in violent agreement than you realize. On the one hand, it is hard to have a sustained speculative bubble without fundamental supply/demand issues. On the other, speculation doesn't only occur in futures pits. I think that hoarding which has been exhaustively described here, is a form of speculation.