Quote:
Originally Posted by TurnedTheCorner
Things like kidnappings and such affect prices due to pure market speculation - the speculation being that this type of insecurity could potentially affect supply or delivery of the commodity.
There's definitely a premium built into the price by speculative traders. It is frsutrating.
|
And that is what pisses me off the most, speculation. Something COULD happen, not sure, but we are going to jack up the prices anyways. Why not wait to see if it will in fact create a problem before raising prices? It's so much like the stock market. Prices can raise and fall based purely on speculation or rumour.