staircase remodel grayslake small master bathroom remodel eichler remodel chicago modular home remodel kitchen expansion into dining room .. Chicago Drug testing

Commoditizing the world

Let's discuss commodities; with the latest Enron situation, it is important to understand the way things work. A commodity is anything useful, especially a transportable agricultural product or mining product. This comes from the Latin word "commoditas" meaning roughly advantage, convenience. So then what is a commodity? Well we consider Gold, Silver, wheat, corn, pork bellies, coffee, etc all commodities. If you look in the back of the WSJ or Investors Business Daily you will see a listing of all the commodities traded on the commodities exchange. Enron made some errors no doubt, but let's not judge all commodity markets in haste.

Commodity trading works best when there is a stable instrument of trade. Sometimes the instrument of trade is actually the commodity. If you looked most countries of the world today you would find that there are three basic instruments of trade; money, as in currency, precious metals and gems, drugs; like cocaine, opium, and arms, like grenade launchers, RPGs, bullets, machine guns, WMD, tanks, and surface to air handheld rockets. Yes, this can have horrible human rights issues, but we are discussing this from a theoretical standpoint, not condemning the obvious problems with mankind.

Many countries without a stabilized currency are trading everything in arms and drugs. Even human sex slaves and other unfortunate means; a travesty, which cannot be argued. The commodity trading of cultural products is of necessity to stabilize prices and to feed the world and help in the planning and allocation of funds for future needs. If a farmer cannot make an honest living farming a field then microeconomics tells us that eventually he'll exit the marketplace. When there is a need for a product such as corn, sugar, oil, etc. and that need is so important to the people buying it, then they will be willing to pay in advance a certain price for it, so they can guarantee they will get it. For instance Kellogg's needs sugar to fulfill the needs of their customers who will buy pop tarts. If they do not get the sugar the cannot produce the pop tarts. Everyone loves pop tarts, but if Kellogg has sugar than they cannot make the pop tarts to sell you at Wal-Mart. Kelloggs can due to commodities markets buy in advance and at a known price prior to the harvest of the sugar necessary to produce my Brown Sugar Cinamon Pop Tarts. Think about it.

"Lance Winslow" - If you have innovative thoughts and unique perspectives, come think with Lance; www.WorldThinkTank.net/wttbbs

In The News:

How Covered Calls Turned a Trader Around

Sidney felt sick as she looked at her latest OptionsXpress... Read More

Adding Funds

Someday you may want to retire and continue to live... Read More

Risk Control

Everything you invest in has risk so you want to... Read More

Mutual Funds are Dead

You may have wondered why your mutual funds have been... Read More

Cash Is A Position

I go to the Money Show every year to visit... Read More

NASDAQ 800?

In November of 2000 when the NASDAQ was trading at... Read More

The Shadow

The Shadow knows. There used to be a radio program... Read More

Planning Your Dive and Diving Your Plan ? Trading!

A colleague of mine just returned from a scuba diving... Read More

What is a Trading Plan ? and Why You Need One?

How do you make money without picking tops and bottoms?I... Read More

Is Your Garage Full Of Junk?

I have a 2-car garage. There are nice shelves on... Read More

Long-Term Investment In Todays Market?

The stock market is very unstable at this time going... Read More

Your Trading Objective: Why is that so Important?

You've decided to try your luck at trading stocks or... Read More

I Love To Lose Money

Well, not really. What I mean is I don't mind... Read More

Inverted Interest Rates

Inverted interest rates? What's that? Who cares? Even if you... Read More

My Neighbor Got A New Car

I don't know what kind it is, but I saw... Read More

The Secret Method to Selecting a Winning Trading System

Every successful trader has a winning system. There are of... Read More

Investing in Stocks and The Game of Monopoly

To begin, you might look at playing the stock market... Read More

Stock Chart Reading

As an investor you will want to check out any... Read More

It Cant Be Done

Wouldn't it be nice if you were only in the... Read More

Tips to Finding Other People?s Simple Trading Plans

Did you know you can make money (and a lot... Read More

Wall Street Paradigm

In 1960 an engineer working for a watch company in... Read More

Stealth Bull

If you have been watching the stock market at all... Read More

Mousetrap

The spring-loaded rat catcher is the ultimate low-tech device invented... Read More

Look Out The Window

Quick, look out the window. It's raining. No, the sun's... Read More

The Information Age

It is wonderful to be alive in the information age.... Read More

store led lights osram induction lighting Pete's produce ..
store led lights osram induction lighting Pete's produce ..