Comments on: In These Hard Times, I’m Looking for a Good Commodities/options Trader in NY. I Dont Want to Trade for Myself http://commoditytradingquestions.org/commodity-trading/in-these-hard-times-im-looking-for-a-good-commoditiesoptions-trader-in-ny-i-dont-want-to-trade-for-myself Answers to all of your questions about commodity trading. Tue, 07 Feb 2012 10:26:44 +0000 hourly 1 http://wordpress.org/?v=3.1.3 By: r h http://commoditytradingquestions.org/commodity-trading/in-these-hard-times-im-looking-for-a-good-commoditiesoptions-trader-in-ny-i-dont-want-to-trade-for-myself/comment-page-1#comment-1952 r h Sun, 14 Mar 2010 11:16:12 +0000 http://commoditytradingquestions.org/commodity-trading/in-these-hard-times-im-looking-for-a-good-commoditiesoptions-trader-in-ny-i-dont-want-to-trade-for-myself#comment-1952 The increased price of commodities will lead to the seeking of alternatives to those commodities decreasing their demand and driving down their price. Many relate this commodity boom to the tech bubble of the late 90's. It will be scary when this bubble bursts. Though many argue speculation is driving up the price of oil, the increased price is actually more related to recent political events and the economics of crude oil consumption worldwide. The political implications of workers striking in Nigeria, the tensions between Israel and Iran, and the lack of large, new, oil field discovery is driving oil prices to astronomical levels. Despite the fact that the BRIC countries (Brazil, Russia, India, and China) have tremendously increased their consumption of petroleum products. I would agree that speculators are not helping the situation, but raising margins or some other way to try and undercut speculators is not going to drive the price of oil down very much. The days of $50/bbl crude are long gone. The increased price of commodities will lead to the seeking of alternatives to those commodities decreasing their demand and driving down their price. Many relate this commodity boom to the tech bubble of the late 90′s. It will be scary when this bubble bursts.

Though many argue speculation is driving up the price of oil, the increased price is actually more related to recent political events and the economics of crude oil consumption worldwide. The political implications of workers striking in Nigeria, the tensions between Israel and Iran, and the lack of large, new, oil field discovery is driving oil prices to astronomical levels. Despite the fact that the BRIC countries (Brazil, Russia, India, and China) have tremendously increased their consumption of petroleum products. I would agree that speculators are not helping the situation, but raising margins or some other way to try and undercut speculators is not going to drive the price of oil down very much. The days of $50/bbl crude are long gone.

]]> By: what? http://commoditytradingquestions.org/commodity-trading/in-these-hard-times-im-looking-for-a-good-commoditiesoptions-trader-in-ny-i-dont-want-to-trade-for-myself/comment-page-1#comment-1951 what? Sat, 13 Mar 2010 22:28:11 +0000 http://commoditytradingquestions.org/commodity-trading/in-these-hard-times-im-looking-for-a-good-commoditiesoptions-trader-in-ny-i-dont-want-to-trade-for-myself#comment-1951 what hard times? the commodities markets are booming! what hard times? the commodities markets are booming!

]]> By: yruaskinme http://commoditytradingquestions.org/commodity-trading/in-these-hard-times-im-looking-for-a-good-commoditiesoptions-trader-in-ny-i-dont-want-to-trade-for-myself/comment-page-1#comment-1950 yruaskinme Fri, 12 Mar 2010 02:29:12 +0000 http://commoditytradingquestions.org/commodity-trading/in-these-hard-times-im-looking-for-a-good-commoditiesoptions-trader-in-ny-i-dont-want-to-trade-for-myself#comment-1950 so you don't want to lose your own money.... you want someone else to lose it for you. wise decision. and they say the inflated price of oil isn't due to speculation, right! so you don’t want to lose your own money…. you want someone else to lose it for you. wise decision. and they say the inflated price of oil isn’t due to speculation, right!

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