In these hard times, I'm looking for a good commodities/options trader in NY. I dont want to trade for myself

Question

looking for a trader that works for a brokerage firm who has a small client base and is making money for his clients in these hard times. anyone know or anyone they would recommend in NY or NJ

Answer 1

so you don't want to lose your own money.... you want someone else to lose it for you.  wise decision.  and they say the inflated price of oil isn't due to speculation, right!

Answer 2

what hard times?  the commodities markets are booming!

Answer 3

The increased price of commodities will lead to the seeking of alternatives to those commodities decreasing their demand and driving down their price.  Many relate this commodity boom to the tech bubble of the late 90's.  It will be scary when this bubble bursts.

Though many argue speculation is driving up the price of oil, the increased price is actually more related to recent political events and the economics of crude oil consumption worldwide.  The political implications of workers striking in Nigeria, the tensions between Israel and Iran, and the lack of large, new, oil field discovery is driving oil prices to astronomical levels.  Despite the fact that the BRIC countries (Brazil, Russia, India, and China) have tremendously increased their consumption of petroleum products.  I would agree that speculators are not helping the situation, but raising margins or some other way to try and undercut speculators is not going to drive the price of oil down very much.  The days of $50/bbl crude are long gone.