Ever wonder the oil that you used that get your cars moving and the bread you have every morning come in the first place before they even turning into a finish product?
Commodities
All of the natural resources such as oil, coffee, silver, etc are called commodities. Everyday there is people making $$ by betting or speculating on whether there is more or less of those things available in the future.
How to Trade?
Most people trade commodities using futures by buying and selling those contracts to deliver a set amount of a commodity, such as oil from West Africa, on a set date for a set price.
How it Changes Prices?
Changes in
- Weather
- Politics
- People's expectations about what's going to happen - Speculation
- Supply & Demand
