tag:blogger.com,1999:blog-3782644139927778760.post-15079390975371291502008-03-08T22:11:00.000-05:002008-03-08T22:11:00.000-05:002008-03-08T22:11:00.000-05:00Re: back to the pawnbroker analogy.....they only take stuff that is salable, like jewelry, not your beat up couch.<BR/><BR/><BR/>I like the garage sale analogy better, because at the end of the day, after you mark-to-market and no one wants your sofa or underwear, you load that up and give it away to Goodwill, who then marks-to-market anything that has any potential value, and the "rest" is placed in the trash bin, where it goes to a dump, where people can still pick over that waste and recycle that back to other garage sales...gheeesh, dont you get it?<BR/><BR/>In the case of manure, you simply match the demand for unit output to the yield and sell futures and have SIFMA pump velocity!doc holidaynoreply@blogger.com