Chocolate Monopoly? Prices Rising?

Hedge Fund Trader Anthony Ward is the Chocolate World’s Public Enemy #1.

Financial regulators, competitors and chocolate lovers are up in arms about the past moves and future plans of hedge fund & chocolate & cocoa businessman Anthony Ward. He has worked the cocoa market from two angles – that as a hedge fund trader, buying up contracts and driving up prices as well as a business owner as one of the world’s largest suppliers of cocoa.  With the annual cocoa harvest coming up in October, many worry that Ward will use his large influence to drive up prices and crush smaller competitors.  The ripple effect could potentially be disastrous as prices have already risen 1560% since October 2008.  Read more here to find out how worried we should be…

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