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Get READY for a "BIG TRAIN WRECK"??
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<blockquote data-quote="Craig-TX" data-source="post: 35221" data-attributes="member: 39"><p>If you look back at classic historic commodity bubbles, one of the main indicators that a market was reaching a top was leveraged buy-in by neophyte speculators. When it becomes common for people with no background in a given commodity to start borrowing money to get in on the ride, look out. No offense intended to anybody and I'm not saying that we're seeing that on a wholesale level yet. It's just an observation.</p><p></p><p>Craig-TX</p></blockquote><p></p>
[QUOTE="Craig-TX, post: 35221, member: 39"] If you look back at classic historic commodity bubbles, one of the main indicators that a market was reaching a top was leveraged buy-in by neophyte speculators. When it becomes common for people with no background in a given commodity to start borrowing money to get in on the ride, look out. No offense intended to anybody and I’m not saying that we’re seeing that on a wholesale level yet. It’s just an observation. Craig-TX [/QUOTE]
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Get READY for a "BIG TRAIN WRECK"??
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