If by CME you mean the Chicago Mercantile Exchange, the place where you also said this: "However, I am in agriculture, and just spent 2 days AT...
I am glad you posted this as I think this is where people get royally confused about the CME and futures contracts for real commodities. They...
Cloud, I submit, you win. Let's move on to something more productive.
So how many of these contracts were for bushels of corn that you were selling? If so do you believe that your activity represents a significant...
Cloud I have already told the moderators of this forum that I won't engage in this level of discussion. It's breaking the forum rules. As I said...
Every dealer that I've ever dealt with uses today's spot price and not futures pricing. For Gold, the US Mint uses the afternoon average of the...
Ebay has a method of asking the seller questions. Just post your question on whether it's troy weight or not and look for the answer or lack of....
Already discussed by me and others above. If you haven't read the preceding I recommend you do so. If you didn't understand some of it, then I...
People speak perfectly clear all the time, but this isn't an indication they are correct. Personal anecdotes and insults don't prove much either....
Justafarmer, you have just described one of the huge reasons why gold and to a lesser extent silver, are not the same as real commodities. (as...
IMO, and this is simply an opinion, physical PM investing should only be relegated to long term goals. In the short therm, < a couple of years,...
A few months ago, people on this forum were predicting a return to $50/silver and beyond. I give these predictions the same likelihood of happening.
I'm not sure what the problem is for the farmer. His contract is for a certain price for a delivery of corn on a certain date. Why would he be...
C Jay you explained it exactly. This is how the commodities market is supposed to work. If there is a contract for a farm product then there is...
I don't think you really understand how it works, or you are speaking a different language. Aside from this observation, you first said that only...
You are not getting what I'm saying. I'm saying that 100% of that corn will be delivered else it's value goes to $0. Nothing more, nothing less....
You are confusing volume of futures traded with actual futures contracts. Eventually each of those contracts for 5000 bushels gets delivered....
I'm not sure what you mean, but the Depository Institutions Deregulation and Monetary Control Act of 1980, forced all banks in the United States...
I'm willing to bet that 100% of the corn contracts are delivered. Unlike gold, corn has a shelf life where the value goes to $0 if too much time...
Maybe. I'm thinking that if they didn't have the 10,000 oz, and was forced to deliver the actual gold, then the price would be high enough in...
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