Our buddies, the guys the United States government labels the commercials, are often household names. You will be keying off the buying and selling of corporations like Pillsbury, General Mills, Cargill, Iowa Beef, and Nabisco when it comes to understanding the natural resource commodities. In all aspects of commercial or financial life there are companies or organizations that have made it their business to know, so they can survive and prosper, the true economic status of one particular market: the one they are engaged in.
When it comes to the abstract or financial commodities, we will be queuing up with the likes of JP Morgan Chase, General Motors, and Microsoft along with all of the world’s largest banks and brokerage firms. These people must hedge currency in interest rates, and do so on a daily basis—in positions large enough that they must be reported to the CFTC. Isn’t that nice of them!
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