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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?

To: TrueScouse who wrote (23081)	10/28/2003 11:40:19 PM
From: Little Joe	Read Replies (3) \| Respond to of 39344

Howard: Your comments tweaked my memory and I remember that it was widely discussed that there was a correlation between soybeans and silver. Kind of strange that it has come up again. Little joe

To: TrueScouse who wrote (23081)	10/29/2003 8:34:55 AM
From: bearcub	Respond to of 39344

The relationship between silver and beans was due to the proximity of the two trading pits on the floor. The silver traders would place their trades, and then turn around and step into the soybean pits to execute trades in order to hedge their exposure or on lock limit moves in silver. My wife and I visited the floor over 20 years ago. It was a guided tour. This was the explanation offered by the guide when we were in the gallery watching and hearing all the noise those traders make. bearcub