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How Goldman Sachs Created the Food Crisis
- tokenadult 15y agoThree previous submissions of this April 2011 article: http://news.ycombinator.com/item?id=2493253 http://news.ycombinator.com/item?id=2493253 http://news.ycombinator.com/item?id=2499617 http://news.ycombinator.com/item?id=2499617 http://news.ycombinator.com/item?id=2533280 http://news.ycombinator.com/item?id=2533280 It has also been submitted in comments.
- acqq 15y agoWikipedia here http://en.wikipedia.org/wiki/S%26P_GSCI http://en.wikipedia.org/wiki/S%26P_GSCI quotes this article: http://www.economist.com/node/16432870?subjectid=2512631&story_id=16432870 http://www.economist.com/node/16432870?subjectid=2512631&... "After analysing data on both prices and individual holdings from America’s Commodity Futures Trading Commission, the OECD study found that there was “no convincing evidence that positions held by index traders…impact market returns”; indeed, the OECD reckons that larger positions led to lower market volatility (although data issues mean the finding is more convincing for agricultural products than for energy markets)."