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<oembed><version>1.0</version><provider_name>naked capitalism</provider_name><provider_url>https://www.nakedcapitalism.com</provider_url><author_name>Yves Smith</author_name><author_url>https://www.nakedcapitalism.com/author/yves-smith</author_url><title>"Summer" Rerun: Is the Commodities Boom Driven by Speculation? | naked capitalism</title><type>rich</type><width>600</width><height>338</height><html>&lt;blockquote class="wp-embedded-content" data-secret="VBxapYE5Tm"&gt;&lt;a href="https://www.nakedcapitalism.com/2010/10/summer-rerun-is-the-commodities-boom-driven-by-speculation.html"&gt;&#x201C;Summer&#x201D; Rerun: Is the Commodities Boom Driven by Speculation?&lt;/a&gt;&lt;/blockquote&gt;&lt;iframe sandbox="allow-scripts" security="restricted" src="https://www.nakedcapitalism.com/2010/10/summer-rerun-is-the-commodities-boom-driven-by-speculation.html/embed#?secret=VBxapYE5Tm" width="600" height="338" title="&#x201C;&#x201C;Summer&#x201D; Rerun: Is the Commodities Boom Driven by Speculation?&#x201D; &#x2014; naked capitalism" data-secret="VBxapYE5Tm" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"&gt;&lt;/iframe&gt;&lt;script type="text/javascript"&gt;
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</html><description>This post first appeared on May 9, 2008 The question above may seem foolish. Oil has just passed $124 a barrel despite improvement in the dollar. Commodities prices are moving less in lockstep than before (gold and wheat in particular have backed off significantly from their highs) suggesting that buying is not the result of [&hellip;]</description></oembed>

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