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Drought and the Spec Funds
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cfdr
Posted 1/20/2014 16:03 (#3619980 - in reply to #3619927)
Subject: Re: Drought and the Spec Funds


You make it sound like spec money coming into the grain markets will be what saves us. Can I ask - what happens when spec money comes in and keeps prices higher than they normally would have been?

IMHO, what you are saying demonstrates a real lack of knowledge about how markets work - unless you are only talking about the very short term. In the longer term, the worst thing that can happen right now is to run the prices up and keep them there for any amount of time.
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