G20 to ban speculative commodity futures trading, only for hedging...coming 2012

Discussion in 'Wall St. News' started by TraDaToR, Apr 1, 2011.

  1. TraDaToR


    April 1st...:D
  2. If I could stretch my arm to you thru the internet connection, I'd give you a big slap on the head!

  3. AK100


    But let's say they do. Then what happens?

    Well, speculators either find an avenue closed to them, or they look elsewhere.

    How about this -

    Dubai sets up a CFD/Swaps commodity exchange where no physical can be traded, just the numbers. For example, Corn is priced at 700, you go long, I go short at $50 a cent (701-702 = 1 cent).

    The market rallies to 710, we both cover. I pay you $500 and this money is guaranteed by the Exchange.

    Whoever wins or loses - WE'RE BOTH BACK IN BUSINESS :)

    This is a global market now folks, if one country bans something another is thankful and picks up the torch.
  4. If sex is outlawed only owtlaws will have sex, oldest game in the book between domicliles.