Tuesday, July 23, 2013

An Old-school Discussion of Commodity Storage and Financialization

Oh Dear Lord I believe I have suffered a stroke.

From FT Alphaville:

This is Joseph. He is a well known commodity forecaster.

This is Pharaoh:

Pharaoh is worried about future scarcity of commodities because he’s been listening to Joseph’s scary dream-based forecasts....MUCH MORE

I'm not kidding, if this isn't a stroke it is at minimum a TIA with hallucinations.