Cotton above $1

Quote from noob_trad3r:

It is because of all the Quantative Easing. All that printing of dollars requires cotton.

Its kind of a paradox that you can buy cotton with cotton which pushes up the price of cotton but it doesnt matter because you are paying for it with cotton.
 
And that would make Cotton pegged to the Yuan.

If the Yuan was allowed to float by the People's Bank of China would then, in fact, Cotton be allowed to float?

Cotton truly is an all-natural miracle fiber. And a power player in the G20.
 
Back
Top