Before It's News | Popular Money
JP Morgan Is Taking Delivery Of Silver. Why?
By Gary North The Tea Party Economist July 13, 2013 The commodity futures market allows speculators to bet against each other on where the prices of commodities are headed. Participants make money by out-guessing their competitors. Only about 3% of the contracts ever result in delivery of the physical commodity. The speculators don’t want the commodities.
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