I've heard this rhetoric for years now. In theory, yes indeed, as traders we should fight for free, unfettered markets, but the reality is far different. Instead, we have a financial system essentially predicated on moral hazard, implied government bailouts and other such de-facto stop gap measures that render the concept of free markets a fantasy.
Whatâs the definition of inflation again â oh yeah Too few products being chased by too much money Result prices rise Problem is â John and Jane Q public are not the ones with the moneyâ¦. RN
u r f loser u know that... if traders want to buy cocoa or any other commodity they should also be able to take physical delivery of that commodity.. just sitting in some high rise building and fu ing bidding on futures is worse then marxism... i say tax commodity futures upto 60 % or take physical delivery of the product...
Rightie-o... And your proposed solution to this sad state of affairs is to introduce more govt meddling? Is this correct?
Aren't we all traders here? _______________________________________________________ LOL as I fall on the floor, laughing even harder. Yea, eveyone on ET is a trader, has traded for a living or is involved in the Financial Markets one way or another..yea On a serious note....Pile pull your head outa your arse. Most on ET are clowns, wana be professors, cubical junkies-office space style, a lot of Socialist for what ever reason, and students who seek some knowledge. But there are also your freeloaders who are at home living off tax money as they watch TV and post. 2% are the real deal. But that 2% can help and you can learn from them.
Why wouldn't the government buy wheat instead of treasuries with QE2 and give it away to poor instead of sponsoring wall street? they don't do that so who is the evil? I would say government not speculators they want those prices higher! they want inflation
You are worse than Marxist. You are a fool. You do not know how markets work. You have no idea, you are not educated, yet you want to call policies that affect billions. You idiot, unless there is a speculator who is willing to take the risk, commercials cannot hedge. If you tax speculators or require that they take delivery there will be no more hedging opportunities in the markets and prices will skyrocket because of fear. But you are a hopeless idiot, with no education, no understanding of the markets, yet you have big idea about your stupid small brain that you know everything, when the truth is you are a sca**ug, a sh**head. Edit: hey, sc**bug, read the following hedging example and tell me you sh**head, how could the farmer sell his contracts to hedge his sales should buyer speculators are not around to take the long side because they are required to get delivery or pay 60%. read you sh**head http://www.usafutures.com/hedging.htm
It's very easy to tell from threads like this who the real winners are in life. It's also easy to see who are the 25 y/o, unemployed losers that sit in their parents basement and call themselves day traders, but in all actuality can't find a job so they think everything is "rigged". Nobody complains when long side speculators are crushed as price plummet. I wonder how many greedy long-side speculators got their ass handed to them in natural gas. Did any of you conspiracy theorists ever think that rising food prices might have something to do with an exploding world population, or a rising standard of living throughout Asia? Here's a fact for you..... Far fewer people die from starvation today, than say 30 years ago, despite the fact that the world population is significantly bigger.