Detailed text transcripts for TV channel - MSNBC - 20110325:20:35:00
Are real investment instruments like stocks and bonds. >> and is that because they're trying to diversify to make sure that our pensions aren't as much as risk? or that's the theory? >> precisely, and the doors were opened in the year 2000 with the cmfa. of course it only really took off in 2003 when some of these indexes that are aligned with commodities begin to become more mainstream and people were allowed to invest in them. and indeed in 2006 the over-the-counter market really took off in oil. and we saw this explosion of nominal paper barrels in oil that's now 15 to maybe 30 times the re...