Traders-SITCG Part XI: Armajaro, the Trade who Blown up a $3B Sales Merchant Business.

Armajaro’s original business model built an overnight sensation in cocoa and coffee,

The financial management of the firm can be an expansive discussion to have, egowise, when its management is comprised of ex-traders.

Armajaro (2010) eloquently sums up the problems in futures cash convergence but also reveals the speculative character of (1) operator in commodity trading.

Another drop of enigma, it seems, in a river of obscurities. Commodity trading is a dark river flowing inexorably towards an ocean of mysteries.

Traders-SITCG Part IX Addax, once a diva of the Geneva oil trading scene

The long coming and overdue crackdown on the corruption in the world of commodity trading.
No War, the intrinsic value of assets= 0
-Nothing can better illustrates the value chain proposition of Addax who was raided by the Geneva Cantonal Law enforcement authorities this Monday for its alleged Corruption. As always the Swiss will find self-comfort, Addax is not “theirs”, it’ other people problems.