Toddsterpatriot
Diamond Member
no...And why should they?
The traders are not buying and selling tangible goods. They are buying and selling future prices....
If one goes to bet the horse races does he have to buy the horse?...No he or she is betting on the probability of a selected entrant doing a particular thing. An outcome.
Commodities traders do the same thing. Wager on a potential outcome. If they are right, they make money. If they predict incorrectly, they lose money.
And the wagers are based on market research which is basically supply and demand, there are other factors as well, and the factors that affect supply and demand.
Other factors....Weather. Geopolitical concerns, for example.
Commodities traders manipulate prices for a fast profit causing artificial high prices.
How? Run thru the steps.