Oh I know money chases returns around causing bubbles here and there. It's just not QE money doing it.Quote from MKTrader:
Go back to 2000-2001, before the first round of big rate cuts during the tech bubble. WTI was around $25. If you have 3rd-grade deductive logic skills, you'll know that money will chase something else when CDs, money market accounts, etc. are near zero. Hence the beginning of a commodity boom.
Hopefully you're just trolling and know all this, but I've learned to not underestimate the intelligence of some ETers.