------------------------------------------<snip>------------------------------------
Also, I would like to see that you can't buy a commodity without taking delivery. They drove the crude prices up to $100 a barrel in 2008 despite oil tankers unable to load due to the storage tanks being full.
--------------------------------------------<unsnip>-------------------------------
That could be a very messy proposition. As a kid, I knew of a local "guy" who actually took delivery. Since he couldn't arrange appropriate storage, he would up with 1,000 tons of raw sugar dumped in his yard. Made for a very "sticky" situation and for him, very embarassing as well. :-) He was the laughing stock of the town for many months thereafter. Real "knee-slapper".....

Rick

----------------------------------------------------------------------
For IBM-MAIN subscribe / signoff / archive access instructions,
send email to [email protected] with the message: GET IBM-MAIN INFO
Search the archives at http://bama.ua.edu/archives/ibm-main.html

Reply via email to