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RGacky3
19th March 2011, 13:17
http://www.huffingtonpost.com/2011/03/18/starbucks-ceo-coffee-prices_n_837831.html

CEO of starbucks puts the blame where it belongs, speculation in the Capital markets and derivative markets.

These speculators are not "speculators" in the sense that they are guessing the prices, they are speculators in the sense that they are inflating prices for their own profit.

Thats whats happening in tons of the markets, especially commodities markets.

BTW Howard Schultz is a dick, screw him and his board, an injury to one is an injury to all.

Dean
19th March 2011, 13:32
Pump & dump, its a simple transformation of "buy low, sell dear."

RGacky3
19th March 2011, 16:51
Not even that, buy on the way up, make it go even higher, (i.e. buy high sell even higher), or buy derivatives to inflate the price then sell the stock, there are tons of ways to do it.