Jesse's Café Américain

"You are the very cause of your ignorance, yourselves. You put away the light, yourselves; you first pluck out both your own eyes, yourselves; and after that other men’s too, so that the blind may lead the blind, until you both fall into the pit.”
Thomas More, The Sadness of Christ (Gethsemane), Tower of London, 1535

Showing posts with label commodity fund pools. Show all posts
Showing posts with label commodity fund pools. Show all posts
29 May 2015

Currency Wars, Gold Pools, and Comex Potential Claims Per Deliverable Ounce

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Based on some interactions with newer patrons of Le Café, I thought it might be a good time to restate the general lay of th...
22 April 2013

Big Commodity Trading Firms Took $250 Billion in Profit Since 2003

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This sort of outsized profit obtained from gaming the system is a tax on the real economy. The price distortions they create disrupt l...
06 June 2009

Is the USO Oil Fund "Like a Pyramid Scheme?"

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Some very hard words being said about the USO Oil Fund ETF, sparked by comments from the Schork Report. Certainly the USO oil fund has not b...
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