wojtek
On Wed, Feb 9, 2011 at 1:49 PM, brad <babscritique at gmail.com> wrote:
> This is the Ghosh article that I was trying to find that clearly shows
> (with graphs) the relationship between the prices of commodities and
> the amount of money invested in commodity futures markets (the senate
> report does the same with numerous graphs and tables):
>
> http://www.wdm.org.uk/food-speculation/commodity-speculation-and-food-crisis-prof-jayati-ghosh
>
> The graph on page 6 shows clearly that as the amount of money invested
> in OTC futures contracts contracted in 2008 by 100 billion dollars,
> the price of commodities came crashing down. So no, not expectations
> but real flows of money explain the price changes.
>
>
> Brad
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