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Things that make you go hmmmmm.......

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  • #16
    Re: Things that make you go hmmmmm.......

    Originally posted by lektrode View Post
    yeah!

    how about this: for all strategically important commodities, the entity buying must be directly engaged in the commerce associated with consumption of said commodities and must be able to prove ability to TAKE DELIVERY

    meaning that southwest airlines can play in the futures market in oil, as could valero, or fertilizer mfgr's BUT NOT GS, JPM AND THE REST OF THE HOT MONEY kings
    So who would be the counterparty to Southwest Airlines if it wants to hedge a fuel contract? United, Delta, American Airlines? I think not...

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