• Admiral Patrick@dubvee.org
    link
    fedilink
    English
    arrow-up
    14
    ·
    6 months ago

    But while the production shortfall underpinned the initial price gains, speculation from investors like hedge funds took things to another level.

    “Yes, there’s fundamentals that trigger the move, but then these financial considerations add to it and compound to the situation.” said Judy Ganes, a commodities consultant. “It’s money driven.”

    And we can charge anything we want: 2,000 a day, 10,000 a day. And people will pay it