I have seen this many times at Bloomberg TV and only now did I put attention to it.
I noticed a commodity "512MB DRAM" priced at 0.66 (it is listed along with Coffee, Wheat etc...)
What the heck! 512MB computer DRAM now traded as a commodity?
This is the single most idiotic thing! Of course it's price will drop overtime. So why is it listed anyways?
Or am I understanding it wrongly? Can anyone hit me in the head with explanations/educations?
Thanks!
I noticed a commodity "512MB DRAM" priced at 0.66 (it is listed along with Coffee, Wheat etc...)
What the heck! 512MB computer DRAM now traded as a commodity?
This is the single most idiotic thing! Of course it's price will drop overtime. So why is it listed anyways?
Or am I understanding it wrongly? Can anyone hit me in the head with explanations/educations?
Thanks!