|
Unconstitutional Patriot
Join Date: Apr 2000
Location: volunteer state
Posts: 5,620
|
Speculators drive the market by buying options and futures with expectations of further increases. On a larger scale, large trading houses and hedge funds trade derivatives.
Speculators can drive up condo prices to ridiculous levels and they can do the same for commodities.
As RoninLB said, the market is set at the margin.
|