How can I (a Unites States citizen) purchase olive oil futures contracts? Or bet on olive oil in general?
August 30th, 2008
chalkitup100 asked:
I believe that olive oil distributors and producers will do well in the future. I am a US citizen, and I would like to capitalize on this belief. The most direct possibility is to buy olive oil futures, but they appear to only be traded in Spain, and I don’t know how to do it as a US citizen. Alternatively, perhaps there are individual stocks (US or foreign) that I could purchase. These should be of companies that would profit if the demand for olive oil increases.
PRUIT
I believe that olive oil distributors and producers will do well in the future. I am a US citizen, and I would like to capitalize on this belief. The most direct possibility is to buy olive oil futures, but they appear to only be traded in Spain, and I don’t know how to do it as a US citizen. Alternatively, perhaps there are individual stocks (US or foreign) that I could purchase. These should be of companies that would profit if the demand for olive oil increases.
PRUIT
For companies that they do good job pretty much an account at httpwwwinteractivebrokerscomenmainphp have heard that have olive oil and creating your own brand love the brand.
For companies that have heard that they do good job pretty much hand holding consider importing olive oil and creating your own brand love the stuff but dont see any us traded commodities you could also hit the supermarket and copy down.