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To: rabscuttle385

That’s not environmentalists but people wantig to get rid of oil dependency and longing for more efficiency. Nothing bad with that.

What makes Soy expensive is a thing called derivatives. There’s those who trade soy and those who need soy. They both could get along quite well.

Then there’s those trading the options to buy on a certain date on a cerain price. These guys make the most of the money nowadays - it’s not soy that is to rare or biofuel that uses to much soy - it’s the high price for derivative contracts - and that’s an indirect result of the cheap dollar.

It’s inflation in just another dress.


4 posted on 01/18/2008 1:27:34 AM PST by Rummenigge (there are people willing to blow out the light because it casts a shadow)
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To: Rummenigge
"Then there’s those trading the options to buy on a certain date on a certain price. These guys make the most of the money nowadays - it’s not soy that is to rare or biofuel that uses to much soy - it’s the high price for derivative contracts - and that’s an indirect result of the cheap dollar."

Not true. There are those that speculate with futures contracts, but every buyer has a seller, and every seller a buyer. Unless you can actually make delivery or take delivery of soy beans, you must clear your speculative position before the contract date. It is a zero sum game for speculators. They keep the market price fluid, but cannot really change the overall price--that is all supply and demand driven. Cheap dollar also has no impact. Where in the world did you get such strange ideas about the commodity markets?

10 posted on 01/18/2008 3:01:03 AM PST by johnandrhonda (have you hugged your banjo today?)
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To: Rummenigge
What makes Soy expensive is a thing called derivatives.

How does that work?

Then there’s those trading the options to buy on a certain date on a cerain price. These guys make the most of the money nowadays

How does an option buyer make money? Who does he buy the option from?

18 posted on 01/21/2008 7:58:10 AM PST by Toddsterpatriot (Why are protectionists so bad at math?)
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To: Rummenigge

There’s nothing wrong with “oil dependency” - why do you think it’s on the planet in the first place? (for us to USE)

The problem is that the enviros won’t let us use our OWN oil, and are basically Luddites who want everyone (except themselves) to have a reduced lifestyle.


32 posted on 01/22/2008 7:14:21 AM PST by MrB (You can't reason people out of a position that they didn't use reason to get into in the first place)
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To: Rummenigge
Then there’s those trading the options to buy on a certain date on a cerain price. These guys make the most of the money nowadays

Option traders as a group do not make money. Is that clear enough for you?

64 posted on 01/23/2008 8:29:17 AM PST by Toddsterpatriot (Why are protectionists so bad at math?)
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