SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Politics for Pros- moderated
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: LindyBill who wrote (413315)2/26/2011 7:09:38 PM
From: Katelew  Read Replies (2) of 793961
 
Currencies are a different animal. There are no position limits and everybody is classified as speculator. Controlling a currency market is actually near impossible I've read. The ones that are traded on exchanges are huge and very liquid. My concern is only with exchange traded commodities. Much is written about the Chinese yuan, actually Renminbi, but it's not an exchange traded currency.

The smoothing of prices is the argument speculators make for not changing anything. That and the liquidity argument. The argument is losing ground, though, in recent years as prices have moved way out of correlation with the facts on the ground. Something has changed. The focus is on the role of ETFs, the use of options and swaps, i.e. commodity derivatives, and ICE, which is a relatively new commodities exchange and not under the purview of the CFTC.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News