The real reason behind the firmness in selected commodities is …
Index speculation … as too much money floats around, looking for yield.
As currencies are quite stable … compared to the 80’s …
and neither bond markets nor equity markets look promising …
especially after the collapse of the real estate markets …
MONEY looks for other fields […]
- OPEC’s 13 members, especially core Gulf producers, are taking their output cues from global oil demand rather than sticking to production targets.
- “Whenever there is demand it will be met by OPEC,” he said. “The majority of OPEC producers definitely don’t like this high oil price because it is neither in their interest nor […]
As Oil drops a bit … as expected, if you are a reader of my blog …
RUMOURS FLY … to find an explanation for the move
Newest rumour … coming from an U.S. investment bank …
U.S. Senate to propose limits / curbs for “speculative” oil trading … some even think, it could prohibit […]
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