Commodity stocks: a process for linking common stock directly to the value of physical commodities (e.g., gold, oil, wheat, hog bellies, currencies, etc.)

摘要

This invention comprises a process for finally bridging the divide between stock markets and commodity markets. This is accomplished by linking the price of a stock directly and solely to the spot price of a specific commodity (e.g., gold, oil, soybeans, etc.). This not only permits the buying/selling of much smaller units than the commodity market offers, but eliminates the expiration feature of futures contracts, permitting buyers/sellers to maintain positions for indefinite periods of time. Price linkage can be assured by basing the stock either on an actual reserve of the associated commodity or through other means (e.g., instant price adjustment to reflect real-time quotes of the spot price, etc.) that ensures appropriate price tracking. Shares may be exchanged for either equivalent units of the associated commodity, for the actual dollar value of the shares, for some combination thereof, or for any other suitable and equivalent value.