all i know is that without trading markets, those very same commodities you speak of, at times, could be far, far, more expensive than they are.
Or, as in the case of live hogs, as an example, extremely, viciously cheap. Like in October of 1998, when the market offered 9 cents per pound. Same price as in 1937. And how many family farm operations were crushed by that little market manipulation? Whilst the better capitalized factory farms could weather the storm. (Gosh, now I sound like a Jim Hightower populist, eh?)
have you ever heard of trend following ? Yes, and I've been looking for a predictable one in the tech sector for a few months now. :)
Other than that, I'm afraid I may be wasting your bandwidth. We'll simply have to agree to disagree on the value and validity of the options market.
Ciao |
