Commodity boom, what will the US government do about index funds?

Discussion in 'Commodity Futures' started by Daal, Apr 23, 2008.

  1. i can see both sides guys, government interference inherently just fucks things up. That's not even disputable, market wizards when he talks about the lumber thing is a prime example. But also, in the grain markets when they were rolling. The funds were trading contracts that DIDN"T EVEN EXIST. The open interest was so high, I can't remember the numbers but they were astronomical. It's a tough call what to do though, because is it even really trading if their isn't an actual commodity that they are trading? But I really can't think of an alternative??
     
    #11     May 9, 2008