Commodity Trade Mantra

Posts Tagged ‘Basic Commodities’

Price Takers and Price Makers in World Commodities

Over 99.9% of all world consumers and producers are price takers and not price setters, & yet their total consumption / production has little to do with how prices of many world commodities are determined. How can this be? There is a great force (excessive speculative positioning) that’s setting the price & rendering the law of supply and demand as almost non-existent.

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