28.10.2011 - Commodities: Not that 1970s show
Commodities seem to tell a compelling diversification story, academically, anecdotally and intuitively, as investors witness what seems to be permanently elevated prices for such resources such as gold and oil. Such is the interest that recently Commodity Futures and Exchange Commission commissioner Bart Chilton called the attention to: “a new species of traders, if you will, the ‘Massive Passives.’ They are the likes of pension funds, index funds, hedge funds and mutual funds …who could care less what a pork belly is used for or what a soybean field looks like...............................................Full Article: Source
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