Comment PR? (Score 2) 49
Strange that this reads like a PR puff piece..
Strange that this reads like a PR puff piece..
An average investor does not have access to a FUTURES market, which was my point. No sane investment advisor would ever recommend it, considering the 10 to 1 or so leverage. Sure, investors can buy 1 share of an ETF, worth 100 bucks. A single oil contract represents $145,000 of oil! So even though there is arbitrage between ETFs and the futures, average investors would never trade enough in these markets to move a futures market a single tick.
"God is a comedian playing to an audience too afraid to laugh." - Voltaire