27.02.2009 - Index funds help lift commodity prices - panel
From Forbes.com: Funds that buy commodities futures for long-term investment do help to raise prices, with news last year that an institutional investor would be plowing billions of dollars in commodities sparking the recent bull run in crude oil, a USDA conference was told Thursday. "I am a speculator," said Timothy Rudderow, president of hedge fund Mount Lucas Management Corp, based in Princeton, New Jersey, to laughter and some clapping at the USDA's annual Agricultural Outlook Forum here..... Full Article: Source