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indimuse's Journal
Posted by indimuse in General Discussion
Mon Apr 18th 2011, 05:58 PM
http://www.youtube.com/watch?v=Qmf6IBatjgQ...

In this clip from our broadcast on 4/15/11, our special guest on "The Gulf of Mexico Update with Michael Edward" was Rosalind Peterson, discussing Weather Hedge Funds. Rosalind's sites are at http://agriculturedefensecoalition.org and http://californiaskywatch.com

The full 2-hour video can be viewed at:
http://vimeo.com/22569043

International Common Law Copy Rights by Michael Edward, The Living Light Network at http://livinglightnetwork.org, The Gulf Blue Plague at http://blueplague.org, and the World Vision Portal at http://worldvisionportal.org .



***************************************************************************
CHECK THIS OUT!: Hedge Funds Pluck Money From Air in $19 Billion Weather Gamble
http://www.bloomberg.com/apps/news?pid=new...

Aug. 1 (Bloomberg) -- Credit Suisse Group trader Patrick Ayash rarely reads earnings estimates and just skims news about inflation. One thing he never misses: the daily weather report.

Ayash, 31, is part of an army of mathematicians, hedge-fund whizzes and programmers pouring into the $19 billion market for weather futures, financial instruments tied to everything from storms over Kansas, an early frost in the Netherlands, or a frigid spring in New York.

The market was once a sideline for utilities looking to insure against swings in demand for natural gas or electricity. Now, with hedge funds increasingly hungry for market-beating returns, more are gambling on untested strategies. Tudor Investment Corp., D.E. Shaw & Co. and other funds are turning teams of statisticians loose to devise novel ways of exploiting weather fluctuations.



things just keep getting better...



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