Page 2 - Commodity Indexes News Today : Breaking News, Live Updates & Top Stories | Vimarsana

President brush saush said sure. more than a dozen other firms followed suit. goldman sachs even created commodities indexes. to simplify the betting and goose casual investors into the casino. again, wall street followed suit. remember the real estate bubble? wall street wanted to hedge all of those bets it made on mortgages. so they ramped up their bets on commodities. and when wall street started losing money on sub primes, they bet it on commodities instead. by 2008, wall street had five times more futures contracts in commodities than it did in 2002. commodity indexes held about $13 billi...

More than a dozen other firms followed suit. goldman sachs even created commodities indexes. to simplify the betting and goose casual investors into the casino. again, wall street followed suit. remember the real estate bubble? wall street wanted to hedge all of those bets it made on mortgages. so they ramped up their bets on commodities. and when wall street started losing money on sub primes, they bet it on commodities instead. by 2008, wall street had five times more futures contracts in commodities than it did in 2002. commodity indexes held about $13 billion in 2003. by 2008 it was over a...