Free Download Commodities: 50 Things You Really Need to Know
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Commodities: 50 Things You Really Need to Know
Free Download Commodities: 50 Things You Really Need to Know
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Product details
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Audible Audiobook
Listening Length: 5 hours and 50 minutes
Program Type: Audiobook
Version: Unabridged
Publisher: Peter Sainsbury
Audible.com Release Date: July 26, 2016
Whispersync for Voice: Ready
Language: English, English
ASIN: B01J2EYDYS
Amazon Best Sellers Rank:
After reading the book I can remember only a few useful bits of info. Around 40/50 "must knows" were commonly cited generalities without enlightening examples, not really useful as such.The bits I found useful:1) Figuring out commodities' daily prices is really difficult and most quoted prices are in fact near term futures prices2) Iron ore is the only major commodity still traded wth long term contracts between producers and steel manufacturers.3) China just a short while back had 95% market share in rare earths and caused a shock (prices x 4) by imposing strick export quotas a few years ago. An interesting fact about china's power in those commodities4) Story why onion futures trading is banned in the US.
Cool book - I liked how it bounces around (the book is composed of many, many short chapters on different topics).
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