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.
Who else is sick of food prices being manipulated?
- Thread starter stock777
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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.
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?
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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.
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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.
I don't suppose you're familiar with such concepts as "rhetorical question" and "sarcasm"?Quote from EMRGLOBAL:
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.
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.
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.