Marc Faber : “I am convinced the whole derivatives market will cease to exit. Will become zero. And when it happens I don’t know: you can postpone the problems with monetary measures for a long time but you can’t solve them… Greece should have defaulted – it would have sent a message that not all derivatives are equal because it depends on the counter-party.” -
in Reuters interview
Investment flows into and out of derivatives contracts can in fact influence the prices that people actually pay for the physical commodity.
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