Categorie: IPO / Secondary Offering
Submitted 2 months ago by
Indiamcx
, Sr. Technical Analyst & Portfolio Manager (Commodities)
at IndiaMCX Advisory Services
Dear Group Members,I Found Really Wonderful Information Abt. Commodities Market So Here I'm Trying 2 Share With U Have A Look on This & Forward 2 Others Who Are in Beginning Stage or Still Want 2 Learn @ Higher Stage:History of Commodity MarketsMany people have become very rich in the commodity markets. It is one of a few investment areas where an individual with limited capital can make extraordinary profits in a relatively short period of time. For example, Richard Dennis borrowed $1,600 and turned it into a $200 million fortune in about ten years. Although the first recorded instance of futures trading occurred with rice in 17th Century Japan, there is some evidence that there may also have been rice futures traded in China as long as 6,000 years ago. Futures trading is a natural outgrowth of the problems of maintaining a year-round supply of seasonal products like agricultural crops. In Japan, merchants stored rice in warehouses for future use. In order to raise cash, warehouse holders sold receipts against the stored rice. These were known as "rice tickets."...
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Submitted 2 months ago by
Indiamcx
, Sr. Technical Analyst & Portfolio Manager (Commodities)
at IndiaMCX Advisory Services
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