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Exact(21)
The hope is that contracts will gradually become more standardised, allowing them to be traded like commodities themselves.
Despite the turnaround in the underlying commodities themselves, the mineral-exposed companies are the biggest losers today.
The operation of futures markets requires commodities of uniform quality grades in order that transactions may take place without the buyer having to inspect the commodities themselves.
Index funds, for instance, do not hold commodities themselves but passively invest their clients' money in energy derivatives to hedge against inflation.
Unlike hedgers — the farmers, miners, refineries and other commercial interests that actually make or use the commodities themselves — the speculators, like day traders in the stock market, are simply trying to profit from changing prices.
A tale that captured the romance and pathos of the consumer economy, the sorrows and pleasures that dwell at the heart of our materialist way of life, could only be told from the standpoint of the commodities themselves, those accretions of synthetic substance and alienated labor we somehow endow with souls.
Similar(38)
Pension funds, for instance, are banned in the US from speculating on commodities futures themselves because that involves leverage, or the use of borrowed money.
Anything that leads to reduction of growth and the ability of corals to bounce back from disturbances – and that includes dredging and port development – presents a real conundrum on the issue of keeping the reef healthy while at the same time as trying to export these commodities which themselves have an impact on climate.
In many instances, such materials became desired commodities in themselves, to be traded over great distances; for certain objects were not regarded as "official" unless they were manufactured from a prescribed material, and, especially for religious purposes, a substitute could not be tolerated.
The struggle to survive within this environment where women face increased responsibilities for family upkeep compels women and girls to trade sex in exchange for food, water, shelter, protection and other basic commodities for themselves and their children [ 8, 34- 36].
And lawmakers who govern at the pleasure of ordinary people should be a commodity unto themselves.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com