> Glencore owns farms, mines, and production facilities around the world How is this evidence against my point? De Beers does the same with diamonds. Looks lik

> Glencore owns farms, mines, and production facilities around the world How is this evidence against my point? De Beers does the same with diamonds. Looks like they can manipulate prices easily enough. My argument against yours cannot be taken as me stating that central planning is good - but merely that derivative markets can become bad. Just because I hold a critical a position on a thing, it does not necessarily mean that I'm advocating for the use of an opposing thing. If I criticise capitalism for doing such and such - it does not follow that I advocate replacing capitalism with communism/socialism to fix such and such. I like derivatives and financial markets just as much as the next guy - but only when they are used properly - to reduce, and not to increase risk.