Why You Can’t Blame Speculators For Oil ETF Volatility
Posted on January 15, 2009 at 10:15 AM EST
It’s no secret that commodities and their exchange traded funds (ETFs) have been on a wild ride for the last year or so. But just how much are speculators to blame? A Giant See-Saw. Oil has been especially volatile. Last July, it peaked at $147.27 a barrel before plummeting to multi-year lows. Then ...
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