This is made possible by technology and the Internet, which is used to connect buyers and sellers worldwide and bring information (world commodity prices) to the far reaches of the globe.
He owned many ships, and traded with great profit to himself abroad, because he could promise, as a king, advantages to foreign buyers and sellers with which no mere merchant could compete.
Many of the German princes had no great love for Indulgence sellers, and Frederick of Saxony had prohibited Tetzel from entering his territories.
Before the crop is all gathered in a meeting of buyers and sellers takes place in each district, at which the price to be asked is discussed and settled, and the opium handed to the buyers, who in many instances have advanced money on the standing crop. When sufficiently solid the pieces of opium are packed in cotton bags, a quantity of the fruits of a species of Rumex being thrown in to prevent the cakes from adhering together.
When they see prices falling the bulls turn bearish, sellers accept bid prices which drives all prices down.