But is that fair or accurate?
John Hyland, chief investment officer at U.S. Commodity Funds defends his funds and says they are not hurting trading markets, report Ian Salisbury and Daisy Maxey for The Wall Street Journal. He defends publicly listed commodity funds and says they are not having a negative impact on the markets. The providers are supporting an open, transparent, and orderly commodities market that is open to public investors.
While many want to blame speculators, there are others who feel that speculators are what keep the markets moving. Without them, some say, the markets become less liquid and there’s weaker price discovery.
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