Soros sees commodities “crash” …
Dienstag, Juni 3rd, 2008Soros states in a in testimony prepared for a Senate panel on energy manipulation:
- that commodities mirror equity moves in 1987.
- institutional investments are one sided and big enough to crash the market.
Soros advised lawmakers to use caution when considering regulations designed to reduce speculation.
Such rules could push investors further into unregulated markets, he said. […]
