Curbing Commodities Speculation

Editor's note: Matt Zeman is a principal with LaSalle Futures Group and chief market strategist for Time Means Money.Com.

Government regulators are discussing curbing speculation in commodities, particularly in the energy complex.

The Commodity Futures Trading Commission is said to be considering imposing position limits on futures traders, exchange-traded funds and index funds.

Was the rise in crude oil to $145 a barrel and gasoline to over $4 a gallon last year based on market fundamentals (i.e., supply and demand) or something else? ...