Trading Aluminum Futures

"Mate if you want to become the next aluminium baron in the footsteps of Roman Abramovich..."

C. Montgomery Burns did it by picking up cans on the beach.
 
Quote from Bogan7:

It might surprize you but most small medium farmers dont hedge in the futures market. I know quite a few farmers and none use futures for a number of reasons mainly cash flow, lack of size and lack of knowledge but mainly because their business is the land.

Basically, yep-especially here in oz, bogan, you know what the sfe cattle etc looks like.(or looked like?i think they canned the contract a while back)
Financial advisors justifiably recommend against it, particularly when its cheaper to "lock in" feed/fertilizer costs via their freindly agro business-whom presumably, is actually using futures.

Strange business. What does that have to do with aluminium? Not much.
 
Quote from acronym:

Basically, yep-especially here in oz, bogan, you know what the sfe cattle etc looks like.(or looked like?i think they canned the contract a while back)
Financial advisors justifiably recommend against it, particularly when its cheaper to "lock in" feed/fertilizer costs via their freindly agro business-whom presumably, is actually using futures.

Strange business. What does that have to do with aluminium? Not much.

They have wool futures that trade like 5 lots a day. I wasnt comparing cashguy was trying to find some link thats all.
 
Quote from Bogan7:


Mate if you want to become the next aluminium baron in the footsteps of Roman Abramovich (you probably never heard of him I am sure) be my guest. I just wonder what next weeks get rich quick scheme will be!!!

Yes, I herd of him
 
Quote from Bogan7:

They have wool futures that trade like 5 lots a day. I wasnt comparing cashguy was trying to find some link thats all.

Yeah, i was just making conversation, you know........
Im reminded of a certain seinfeld episode, involving a u-haul and a 5c /can deal:D
 
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