Times they are a changin’.
Water is joining gold, oil and other commodities traded on Wall Street, highlighting worries that the life-sustaining natural resource may become scarce across more of the world.
Farmers, hedge funds and municipalities alike will be able to hedge against — or bet on — potential water scarcity starting this week, when CME Group Inc. launches contracts linked to the $1.1 billion California spot water market. According to Chicago-based CME, the futures will help water users manage risk and better align supply and demand. – Bloomberg
While you grapple with the water-diamond paradox, I am wrestling with one of my own: the Bitcoin-J&J Stock paradox. Which is more “valuable?”
Can someone help me out here?
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