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<p>[QUOTE=&quot;medoraman, post: 1582341, member: 26302&quot;]BUT, every single thing you say happens in Comex happens in every market. Every single thing you described happens in corn, cheese, cotton, etc. Almost no physical trading is done on commodity exchanges, they are a price finding and hedging mechanism. Yes, some physical trades are done, mainly to keep the market honest. However, not one word you stated about Comex would be untrue of any other market.</p><p><br /></p><p>So, I guess I am still unconvinced that the markets are fundamentally different. Every market has its own quirks and rule, but I can go to London, Singapore, Tokyo, NY, or Chicago and still understand what is going on with any of them. Yes, if I were to get deep in any of them I would become an expert on the technicalities, but those technicalities aren&#039;t changing the fundamentals, just the details.</p><p><br /></p><p>I really am not trying to be dense, and would love someone to teach me something I am missing.[/QUOTE]</p><p><br /></p>

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