"Vic Smith" wrote in message
...
On Sat, 29 Mar 2008 19:26:13 GMT, "JoeSpareBedroom"
wrote:



The vast majority of raw materials and finished products are not ****ed
with
by commoditity exchanges which involve amateur investors who are unrelated
to the industry using the raw materials. Why do you suppose that is?

Probably because it's not true. Otherwise I never would have traded
lumber, rapeseed, oats, corn, soybeans, cocoa, hogs, pork bellies,
feeder cattle, cotton, sugar, gold, silver, etc, etc.
Never traded egg futures, or rice, coffee, OJ, or many of the other
offerings you have no problem with. I have traded oil, and made a
couple grand, so I guess I'm a bad guy anyway.
You could learn more about this, instead of flailing away.
For instance, weather contracts.
That's right, the speculators not only your oil, but your weather too.
http://en.wikipedia.org/wiki/Weather_derivatives

--Vic


Where are the insane price swings, based on news like "....rose $2 a barrel
on fears of renewed violence in Baghdad..." ??

I love it. "on fears of"

Eggs rose $0.38 per dozen on fears of renewed violence in Sao Paulo, Brazil.