PajMon Information Blog

Posts Tagged ‘commodities’

This has been a year in which Jim Rogers has caused much controversy in the United Kingdom when he said “the City of London is finished” and advised investors to “sell any sterling you might have.” The comments prompted an open letter from two economists at The Royal Bank of Scotland, in which they criticized his “Armageddon-esque vision of Britain” and described Mr. Rogers’ line of argument as “lacking rigour.”

It wasnt too long ago Jim Rogers gave his thoughts on the state of the European economy and the British pound. Now, in an interview with Sky News, Jim Rogers reminds our British friends across the pond his gloomy outlook. These comments come a day after Standard and Poors revision of Britains AAA rating to a negative outlook.

The US should be downgraded already if you ask me and the UK as well. Among the issues both countries face are mountain debts and the continued mistakes by politicians. Both the US and the UK unfortunately both have gigantic debts, and both sets of politicians are making mistakes, Mr. Rogers said.

Speaking to Reuters back in January, Jim Rogers had the following to say earlier in the year: “I suspect it’s going to make new lows - it may take a decade,” he told Reuters. “It’s got near parity with the dollar before…why not again? There are two big holes developing in the UK’s balance of payments — North Sea oil drying up and the financial industry. I don’t see anything replacing those two big holes.”

This has been a year in which Jim Rogers has caused much controversy in the United Kingdom when he said “the City of London is finished” and advised investors to “sell any sterling you might have.” The comments prompted an open letter from two economists at The Royal Bank of Scotland, in which they criticized his “Armageddon-esque vision of Britain” and described Mr. Rogers’ line of argument as “lacking rigour.”

Theyre pouring huge amounts of money into the economy which is going to make some things look better for some people for a while, but it wont last.

Crucially, Mr. Rogers believes the famous rating agencies are scared of revealing the dire state of American finances.

Jim Rogers said the pound could approach parity with the dollar in the coming years as the UK’s national debt increases and the economy can no longer rely on the City of London’s financial center and North Sea oil supplies for a boost.

The term D2 Spot refers to a type of fuel and a type of trading market. In other words this means that you are buying or selling diesel fuel for immediate delivery. As most of the world’s petroleum products come from around the world, the Internet is commonly used when it comes to trading spot market commodities.

D2 Spot needs to meet certain standards before it can be sold on the physical or cash market. as trading involves international countries with different currencies, an investor must manage the currency exchanges. This type of crude oil has its origins mainly in Russia, but is also produced in Saudi Arabia. Investors may enter and exit a foreign market as they wish, as this global market is very liquid.

With a D2 Spot real time transaction, you can expect to pay for the type of fuel in cash at the current market price, rather than the price at the time of delivery. A spot market also requires the security to be delivered within a relatively short period of time, usually within one or two days from the sale.

Because energy commodities often have long-term contracts, very little of the worlds crude oil is traded on the spot market. D2 Spot is no exception because it is mainly needed in the transportation arena for vehicles, such as cars, trains and jets that run on diesel. This type of fuel is often very low in sulfur, making it ideal for standard diesel uses.

When conducting a transaction for D2 Spot, a seller expects payment immediately and the buyer expects delivery immediately. This type of trading takes place daily with crude oil and other petroleum products and involves entities from around the world.

D2 Spot markets generally deal with international trade in crude oil. The present day market price is based on supply and demand. For example, with any type of oil, the spot price could vary depending on time of year, usage and economic conditions.

A D2 Spot contract between a buyer and seller goes into effect as soon as the deal is approved. This differs from a futures market where payment is deferred and prices are not based on the present, but rather on a trade that will take place in the future, with the cost of storage included in the future price. However, there are times when crude oil is sold at spot prices but actual delivery occurs a few months later.

D2 Spot trading takes place on the spot or cash market. The price of commodities, securities, or goods are set with the intention of immediate trading. A buyer or a seller of diesel fuel they find each other on the spot market and conduct a transaction within minutes. Markets are managed by industry groups or government agencies, or in certain cases privately held