When are the grease futures going to come vertebrae down?

What price and when?

Answers:    Keep an eye on crude oil prices next Wednesday.

Next Wednesday, Bernanke is going to announce whether or not the Fed will cut interest rates further. If he decide not to cut interest rates, it will strengthen the U.S. dollar and cause crude oil price to drop.

On impossible to tell apart day, the EIA will also release its weekly oil inventory report. If crude inventory rose, it will also drive down the price of crude.

Hope this help.
Nothing goes up forever without at least possible an intermediate decline.
Eventually prices will get so high, that speculators will 'take profits' and seller will outnumber buyers which will cause the price to decline.
However, eventually prices will rise again. Even if there be no shortage, just the decline in the dollar's purchasing power would drive up the price over the long lug.
As soon as better opportunity is perceived in equities and bonds. It is the flight from these that is driving the commodities speculation. what make you think they will ever come down ?


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