I was looking for that, trying to figure out how futures can
determine
supply and demand. Speculation controls a futures price,
but come
expiration the position must be closed, offset, or there's a
train load of
commodity to sell or physically store.
This morning's John Mauldin
continues the topic.
http://www.frontlinethoughts.com/pdf/mwo052308.pdf
Mike-pdt
---
In realtraders@yahoogroups.com,
"fxapprentice" <fxapprentice@...>
wrote:
>
> Pretty
interesting reading:
> http://hsgac.senate.gov/public/_files/052008Masters.pdf
>
> From fundamental standpoint, if US will impose restrictive
legislation
> in this field, we'll see another bubble
explosion.
>
> Gold & silver is down from all time highs, EUR
is making second
top,
> agriculturals retreated. Oil is the next ?
Maybe after CL will get
to
> 147-150.
>
>
Michael.
>