The A B CL's of Commodity Bubbles

Everyone who trades commodity futures would do well to listen to this most informative interview of L. Randall Wray, Professor of Economics at University of Missouri. With a global total of $600 trillion dollars of paper money looking to protect itself in tangible assets, serial bubbles in the commodity markets are the inevitable result.

After explaining the evolution of the commodities markets we see today, he gives his take on the events of 2008 and on his outlook for the global economy.

One of the highlights is his explanation of the bizarre correlations seen across unrelated commodity asset classes.... such as that between cattle and silver during the Hunt Brothers adventure!


Wray: Stresses Seen at the Outer Surface of the Ballooning Commodities Complex | Benzinga.com