Archive for August 6th, 2010

More investment in crisis greedy

Posted by BusinessCompany on August 6, 2010
Economy and Employment , General / No Comments

The cocoa market has spurred the appetite of the 'sharks'. An investor bought the chocolate in July that Europe consumes in a year and inflating the price of this raw material. The bubble cocoa is the latest pastime for speculators.

July 16. London Futures Exchange (LIFFE). Purchase order of 241,000 tons of cocoa beans. The cost of the operation -720 000 000 euros, dismisses any chocolate industry giant. The move appears signed by a hedge fund .... Soon skip a name, two: Armajaro Holdings and Anthony Ward, a hedge fund and his British falcon front.

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