The Commodities Market: You've Really Got To Be An Animal
July, 1977
The Commodities Market: You've Really Got to Be an AnimalWhere were you on May 1, 1976? That was a Saturday, remember? What were you doing? Painting your porch? Watching a ball game on TV? Thinking about the five contracts of soybeans you had bought the day before?Soybeans? Yeah, you know; they're small and round and yellow. They contain a lot of protein. The Japanese are crazy about them--soy sauce, bean curd, that kind of thing.Let's do some supposing. Let's suppose it is springtime 1976. You...