20.05.2011 - Another commodities crash layer – the $100bln intervention
Tracking the causes of the commodities crash is starting to feel like peeling an onion. One layer gets pulled back only to reveal another, and then another — and then you start to cry. Last week we had UBS analysts blaming “extreme positioning short the dollar and long commodities.” So peeling back another layer, you might ask, what triggered the dollar rally?.............................................Full Article: Source
Print