Commodity bubble?

Just a quick post; things are going to be kind of slack this week and next because of visiting family.

NPR has a nice Q&A summary about the commodities market and whether there's a bubble going on. The jury is still out, but I think it's particularly sad that part of the reason we don't know what's going on is market deregulation originally lobbied for by Enron. It seems like by this point we should have figured out that if Enron was involved, it probably wasn't a good idea.