[lbo-talk] Historic milestone for speculators
Peter Fay
peterrfay at gmail.com
Fri Feb 11 11:52:03 PST 2011
It is now official.
The price of one pound of cotton has finally surpassed the highest price
ever recorded - that of the civil war price 150 years ago. It happened this
afternoon - $1.9445 per pound - up 160% from last year. Truly an
achievement for those speculators cornering the market.
--
Peter Fay
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