Food Speculation

More information: http://www.weed-online.org/themen/eng....

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  News & Politics

[SuzeSaunts]

Help how exactly? What are you asking us to do? Is there a campaign action?!

[WEEDnetz]

We had email actions on the EU regulation in June and July 2011, and we will have similar actions on the Markets in Financial Instruments Directive (MiFID) revision in 2012, all current information on makefinancework(dot)org. Of course, you can always write to your MPs and MEPs in order to push them for this issue. Or you can inform other people about the issue. And, in case your bank, insurance or pension fund is involved in food speculation, you can write to them.

[ifirean]

This is rubbish. OK so last year there was a shortage of grain because of weather conditions therefore the futures traders made money. What if this year there was a glut of grain then the futures traders would have to sell grain at a loss.

If they wanted to manipulate the market by creating a shortage of grain to boost prices they would have to store the grain which costs money and there is only capacity for one year´s harvest so the whole premise of this video makes no sense

[WEEDnetz]

The video does not state that speculators always make profits. Indeed, many people also can loose money with this but this is just another argument why ordinary people should not invest in this. Surely, the biggest winners are the banks.

There are more ways how futures can influence cash prices than by encouraging stockpiling. Many cash commodtiy prices are simply fixed to futures prices because the latter are said to discover the prices more quickly.

[Guillaume Le Tisseur]

We have to do many times in history, simply prohibit speculation! (and punish severely those who practice) !

[Abercius24]

Speculation is fine. Investment firms buying 60-80% of the futures market, selling them back and forth to each other to artificially drive up the price, only to then sell them back to the general market at a profit is outrageous! That's the peice that's missing in this explanation!

[meProudToBeCaucasian]

you idiot they always take this reasons to speculate and to make profits of completely overreact prices by the markets

and the media goes all along with this rubbbish, its the same with oil prices they are over speculated because of the shortage of oil instead to have a price that should be more real, we have the same seen in the crisis where both food and natural recourses went down because the speculation bubble explode,

keep living in your reality you sheep

[Daydream2142]

right on

[IOIOIOIOIOIOIOIOIOIO]

Oil is the key for these spikes. Compare Brent performance with the food prices index and you'll se the overlap.

[Thisishappening]

Videos like this need to be required high school level knowledge.