R room305 Registered User Messages 477 25 Apr 2007 #21 Bob_tg said: Agreed, but if you bought them spot now and converted them, you could be ahead (if the dollar recovers) before existing inventories fully adjust. All depends on how far you think the dollar will drop (and by when). Click to expand... Emmm, the price changes minute by minute on the Nymex. If the dollar recovers the price difference will occur immediately.
Bob_tg said: Agreed, but if you bought them spot now and converted them, you could be ahead (if the dollar recovers) before existing inventories fully adjust. All depends on how far you think the dollar will drop (and by when). Click to expand... Emmm, the price changes minute by minute on the Nymex. If the dollar recovers the price difference will occur immediately.