Hi, Fast Laners
I have a good relationship with an individual who operates a mine in another country (outside of the USA). He would like me to help sell his ore to buyers around the world. I don't know much about commodities trading or brokering, and it is difficult to find out complete information for doing so on the Internet. My understanding is that there are a lot of shady dealers and that people in poor countries often get cheated, which is why they want to work with me--they trust me. Also, I trust them.
Is there anyplace I can find out about (for beginners) being a commodities trader? Is it possible to simply broker the deal between buyer and seller? If both are overseas (buyer and seller), what are the rules and regulations governing my activities (e.g. is there licensing involved)?
There are some B2B sites like TradeKey, WorldTrade, and EC21. Has anyone successfully used these to sell commodities?
Thank you for any information.
I have a good relationship with an individual who operates a mine in another country (outside of the USA). He would like me to help sell his ore to buyers around the world. I don't know much about commodities trading or brokering, and it is difficult to find out complete information for doing so on the Internet. My understanding is that there are a lot of shady dealers and that people in poor countries often get cheated, which is why they want to work with me--they trust me. Also, I trust them.
Is there anyplace I can find out about (for beginners) being a commodities trader? Is it possible to simply broker the deal between buyer and seller? If both are overseas (buyer and seller), what are the rules and regulations governing my activities (e.g. is there licensing involved)?
There are some B2B sites like TradeKey, WorldTrade, and EC21. Has anyone successfully used these to sell commodities?
Thank you for any information.
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