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38

There are many exchanges and many different kinds of commodities. Most, but not all commodities require that the physical delivery be made to one of the designated warehouses or depositories. For example, CME document "Precious Metals Delivery Physical Delivery Process - CME Group", page 11, says: Clearing firms play a central role in the ...


26

Probably not in recent times, and almost certainly not perishable goods (pork bellies etc.) There's a pretty long thread on money SE, from which I'll just extract this bit on CME [Chicago Mercantile Exchange] rules: For some commodities you can't get physical delivery (for instance, Cheese futures won't deliver piles of cheese to your door, for reasons ...


9

The more I look into this question, the more reasons I find to think it is unlikely. I cannot find any evidence that any futures contract has ever obligated the buyer to take physical ownership of the product on their own premises. Here is a summary of how "delivery" on futures contracts actually works. When delivery takes place, a warrant or bearer ...


7

No, the U.S. taxpayers lost about half a trillion dollars on the bailout. This 2019 Annual Review of Financial Economics paper, prepared by Prof. Deborah Lucas from MIT's Sloan School of Business, explains how the half a trillion dollars figure came about. Table 2 summarizes the bailout costs using my preferred metric—a fair value basis around the time ...


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