One of the many excellent videos I have discovered recently on the topic of commodity markets.
Interview with Akhilesh Kamkolkar from Orb Investments about current commodity markets and the risk in buying gold at present. They also discuss the fall in the Australian dollar overnight, and the important of diversifying into commodities, currencies and bonds. For more visit www.orbinvestments.com
A question asked by polymorphism: which major city in the USA trades commodities?
As far as I am aware, New York is stocks/bonds trading and Chicago is futures/options trading. Which city is known as the commodity trading city of the USA? Thanks.
Answer by yung4evr2000 He’s now living in Singapore and definitely not investing in anything in the U.S. He has been bullish on commodities for the past 8 years and believes that cycle will continue for the next 10 – 15 years. He recommended buying coffee at the begining of 2008 which turned out to be a brilliant call. Coffee has skyrocketed from 107 to a current 145 – that would be about a $ 1100 gain for every cent.
He believes the U.S. is done for economically and China will be the dominant economic power of the 21st century.
He has been right many more times than he’s been wrong.
A question asked by jeffadelic: Which brokerage companies are reputable for trading futures ?
I am not experienced enough to understand how to trade futures so i need the help of broker.
Can i trade futures with Fidelity or do i have to find a brokerage company that specializes in commodity trading ?
Most comprehensive answer:
Answer by Sam Jones Its sounds like you need a full service broker for some hand holding.
Online brokers might not be able to give you the support you need if you are just starting to learn.
Any major broker like JP Morgan will have offices in your area, look into that.
If you prefer to go at it alone, a broker like interactivebrokers.com offers futures at good rates.
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Question posed by CP Enterprises: How would I go about investing in Light Sweet Crude, Heating Oil, and Natural Gas?
Hi, I see in Investors Business Daily every day the commodities futures charts and there are 3 that interest me. My question is, Do I buy these three items just like stock? Is the closing price listed the price per “unit” on the specific item? Any insight would be greatly appreciated
Most comprehensive answer:
Answer by Tom Z Good article in Investopedia: Futures Fundamentals: How The Market Works read it here http://www.investopedia.com/university/futures/futures2.asp
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