Sunday, July 18, 2010

Uh-Oh

Mystery trader buys all Europe's cocoa - Telegraph: "The purchase was enough to move the entire global cocoa market, sending the price to the highest level since 1977, and triggering rumours and intrigue in the City.

It is unclear which person, or group of traders, was behind the deal, but it was the largest single cocoa trade for 14 years."

Hat tip to Fred Zackel.

1 comment:

Anonymous said...

I don't know, but Beth & Maggie look pretty suspicious to me.

Jeff