
A Little Crusty, A Little Rusty (guest: Jimmy Jude)
The Market Huddle
Is the Cost of Borrowing Going Up for the Banks?
There's some sort like 80 plus per cente on between commodity stocks to the underlying commodities that exists in part because of what you just said, which is that they profit from hire. But i think it's more if the fundamentals weren't moving, than people wouldn't be buying those commodity stocks. The reason they're bying the commodity stocks is becase they're anticipating the fundamental moving. Since the currento poltio political troubles have commenced, every morning i sit down at my desk and promptly fall out of my chair when i see the price of gold has not added another zero overnight. Oh, my god. Patrop all the doomd the doomed, kind of zero hedge crew
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