CFTC intervention on commodities markets

According to Julian D.W. Phillips:
The chairman of a Senate oversight committee, Joseph Lieberman, has said he is considering legislation to place limits on large institutional investors in commodities markets, which have posted record prices this year in agricultural products and oil. The chairman of the Senate Homeland Security and Government Affairs Committee said that the legislation would be aimed at speculators and other investors who use commodities as a way to hedge against swings in other investment instruments like stocks and the dollar.
So all of the sudden, government intervention is rising everywhere, the market and there are new limits to what you can do with your money or not... All these because the Senate and other branches of the government just don't want to admit that it's no so much the commodities that are rising than the confidence in the USD and the actual value of the USD that are falling at an amazing pace.

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