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.
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.