B
Black Swan
a flippant throwaway remark or a judgement that (on closer inspection) has merit?
both markets are really liquid though...does any one average retail trader erally have much impact?
how can anyone doing this job be concerned with ethics ?
Thanks for staying on thread. Yes we/they can be concerned with ethics. Is it less moral/ethical to trade oil, gas, wheat, corn when we know the poorest 25% of the global population suffer devestation from price hikes and spikes in these basic resources, or does participation increase the possibility of price discovery? In your opinion Is speculation in currencies more or less damaging than speculation in commodities?
The harmful price rises in basic *stuff* has led to agitation in Tunisia and Algiers, riots have recently been quelled in Boliva, as the govt took away price subsidies for petrol, riots are a constant threat in other parts of Africa. Do FX speculators cause that degree of harm (given that liquidity = price discovery) or are *we* deluding ourselves that our game is nuetral?
No-one (with the exception of the Chinese possibly) could corner the market on the US dollar (and Bernanke can mess the fiscal policy single handedly anyhow), but the cornering of markets in commods. is causing/will cause devestation...
"catastrophic man-made climate change" - despite the fact that this is a made up non-problemQUOTE]
Errrr...2010 was the hottest year ever...you may want to check your facts!
Errrr...2010 was the hottest year ever sunshine...you may want to check your facts!
"catastrophic man-made climate change" - despite the fact that this is a made up non-problemQUOTE]
Errrr...2010 was the hottest year ever sunshine...you may want to check your facts!
Errrr...No it wasn't sunshine...Errr...no-one has even claimed that it is sunshine...Errr...not even Al Gore or Jim Hansen sunshine...Errr is this "Errr sunshine" business really necessary sunshine?...Errr sunshine.
Errr...even if it was errr sunshine...which errrr it isn't sunshine...errr...the "man-made" element of my post is quite important...sunshine...the contribution of mankind's activities to climate change is...err sunshine...the subject of err sunshine...some debate to put it errr mildly sunshine.
You might want to check your facts!
Thanks for staying on thread. Yes we/they can be concerned with ethics. Is it less moral/ethical to trade oil, gas, wheat, corn when we know the poorest 25% of the global population suffer devestation from price hikes and spikes in these basic resources, or does participation increase the possibility of price discovery? In your opinion Is speculation in currencies more or less damaging than speculation in commodities?
On that note, I took my daughter to her swim class this morning and I noticed a lot of very fat kids around the pool. One boy, who looked around 7 or 8, had serious moobs hanging down towards his enormous belly. I thought for a minute I was in America!
I'll keep repeating that to myself as I dig out of the most snow we have had in decades. And the Australians drown because they failed to invest in flood control because climate models predicted drought.![]()