A forum to discuss, contemplate, post, complain, laugh at and understand economics and the economy and its effect on people of my generation. You know what, I'm pretty much gonna start talking about everything, nobody is reading this anyway.

Wednesday, September 20, 2006

Its not the commodity bloodbath I expected, but nonetheless

Thanks to the illustrious Golden J for clueing me in on this story. I have long bemoaned the run up in commodities since it affected our little business and blamed those nasty hedge fund traders, I thought they would get theirs when the market turned...

However, I thought the bloodbath was going to be in commodities like copper and gold, but natural gas took such a nosedive last week that it really hit these Amarnth guys...

http://money.cnn.com/2006/09/20/news/companies/goldman.reut/
?postversion=2006092012

I think I read somewhere that an Amarnth is a never fading ficitonal flower... now it will be associated with fictional positive returns.

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