hardnox604008
Advisor
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06-21-2013
08:29 AM
an old topic
Back in the day I recall getting about 0% support regarding concerns over the impact of commodity index funds and ETFs.
Feeling was that if it made grain markets go up it was good, period.
I can't really say for sure but I'm thinking that we're getting closer to the day when general liquidity conditions and a loss of patience will create a long drag on commodity prices as all those $billions of stale money begin to dribble away.
CRB index looks tough, would look a lot tougher if it wasn't for crude oil.
1 Reply
jrsiajdranch
Veteran Advisor
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06-22-2013
06:58 AM
Re: an old topic
Mornin Noxxie! Yea any time paper money can chase paper commodities things go bad. But it did serve the puppetmasters weel as it was an excelent vehicle to move worthless dollars into circulation using a hard assett to do it with.