Tuesday, August 3, 2010

Commodity ETFs: Toxic, deadly, evil - by Paul Farrell

http://www.marketwatch.com/story/commodity-etfs-toxic-deadly-evil-2010-08-03

This could explain the divergences I'm seeing...

Excerpt:

Commodity-index ETFs are a global threat far more dangerous to the world than nuclear attacks from terrorist nations. Nuclear WMDs have the power to wipe out major urban areas killing tens of thousands instantly, like Japan in 1945, leaving massive scars across humanity for many decades.

And yet, as Funk puts it: "Heilberg's bet on chaos is beginning to play out on the streets." The toxic trail of commodity ETFs is already proving to be deadly, starving thousands worldwide, while the new Capitalists of Chaos only see incredible profit opportunities, as they make huge bets that they'll get even richer in the next round of catastrophes, disasters, poverty, starvation and wars.

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