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Zorax

03/05/22 10:39 AM

#404223 RE: zab #404219

Well, if I had some options in oil, or even some contracts of oil commodity, I would have made money in the last two weeks. How did I do that? By selling off in a speculated market. Who is really making quick money with oil? Speculators and traders, the ones who also have a big hand in manipulating unrealistic prices in oil.

Has always been that way since the future markets were created. Well, actually since they (banks and the exchanges open speculating itself). So, we have two commodity/futures markets technically. The physical market where commodities are still taken ownership of and the future contract market where the speculators play middleman and profit by moving the paper market of commodities contracts. Almost 100% of future/commodity traders do not take ownership of the underlying commodity. The commodities market always say we need speculators, but speculators came later and turned exchanges into gambling parlors without really caring what happens as a result in the real world. Wheat is a commodity needed for producing subsistence of food. Future trading is profit making by banks and traders.