“A cascading crash in commodities beginning with silver a week ago spread to oil and copper as exchanges took steps to rein in speculation”
Notice how speculation only gets reined in when prices drop?
Gas actually DROPPED 4 cents a gallon here in the fascist People’s Republic of Red Hampshire this morning...
Spoke just last week with a fairly well known financial advisor. He went on about silver reaching $100 and what a great investment. Ever since that discussion, it’s been plunging.
Interesting point is he told me this had happened (price plunge) within the last year or so. J.P. Morgan is being blamed for shorting the market that time.