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Wall Street hijacks yet another commodities market

Posted on 25 September 2013

Wall Street, with all its so-called genius and ingenuity, now has the ability to screw around with the price of your gasoline. That’s not all. Loosely regulated commodities markets appear to be more and more the apple of Wall Street’s eye, even as the major stock market indices on Wednesday hit all time highs.
Banks’ focus on commodities is particularly worrisome, as commodities are extremely volatile and can whipsaw and wipe out investors on the wrong side of a trade in the blink of an eye. But with the stock market roaring, why are Wall Street banks more keenly focused than ever on commodities trades?……………………………………….Full Article: Source


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VRS - who has written 38561 posts on Opalesque Commodities Briefing.


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