{"id":17434,"date":"2014-06-03T06:10:27","date_gmt":"2014-06-03T04:10:27","guid":{"rendered":"http:\/\/www.w-t-w.org\/en\/?p=17434"},"modified":"2014-06-03T06:46:18","modified_gmt":"2014-06-03T04:46:18","slug":"commodities-traders-speculating-on-their-own-behalf","status":"publish","type":"post","link":"https:\/\/www.w-t-w.org\/en\/commodities-traders-speculating-on-their-own-behalf\/","title":{"rendered":"Commodities Traders: Speculating on Their Own Behalf"},"content":{"rendered":"

Are commodities traders running the world? \u00a0Kate Kelly has written a new book about them: \u00a0The Secret Club that Runs the World.<\/p>\n

Nestled deep in the towers of banking and finance are the commodities traders who spend their days gambling with oil, gold and grain contracts. \u00a0Their astonishing wealth has been created in near obscurity, but if the individuals in the commodities boom have gone largely unnoticed, their impact has not. Prices of raw materials have exploded. \u00a0Are the big traders hiking up the cost of petrol, food, and essentials bought by people around the world? How did such immense power end up in the hands of a few? \u00a0The Commodities Futures Trading Commission has been trying to cap the number of speculators, but they have not been successful, largely because there is debate on whether or not speculation is good. \u00a0Dodd Frank limits positions. \u00a0CFTC has tried to impose them. \u00a0In the meanwhile, people who use gas can be hurt.<\/p>\n

\"Commodities<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Are commodities traders running the world? \u00a0Kate Kelly has written a new book about them: \u00a0The Secret Club that Runs the World. Nestled deep in the towers of banking and finance are the commodities traders who spend their days gambling … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":18,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[13],"tags":[],"class_list":["post-17434","post","type-post","status-publish","format-standard","hentry","category-finance"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t