Kevin Thalersmith is a college student majoring in Mathematics. He specializes in Finance and History articles.
Why I write ...
I just like to write and it provides some extra money.
What I am reading/watching/listening to ...
I read a selection of history, science fiction, and fantasy.
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When one sees the price of a certain commodity, he or she doesn't realize they see the price for the current futures contract of that commodity. Because of the high price of gas, everyone talk about the price of oil. People make it big news when the price crosses a boundary, like $100. The media gets that price from the front-month contract of oil. WHAT IS IT? Basically, a futures contract is the right to have a commodity delivered to the person owning the contract on a certain date in the future. They are different from forward contracts because the buyer and seller agree to a specific da...
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Member since: September 2007
Articles Written: 101