Quote from: smooth on December 09, 2017, 11:57:26 PM

Quote from: SolarStorm on December 09, 2017, 12:48:20 PM

you literally get your commodity delivered in your front yard

Only in the movies.

What actually happens is you have an interest in the commodity stored in a warehouse (for which you must pay storage fees) assigned to you.

Quote from: neilol-real on December 09, 2017, 11:53:58 PM

of which ~25% is allocated to alternative investments.

'Alternative investments' here includes investment in productive (or at least income-generating) assets such as private equity and real estate. If you just consider hedging and store-of-value assets such as gold, commodities, etc. it is much less than 25% but still significant. That's the segment where most if not all crypto fits.

You're right - but once we include endowments, private pensions, family offices, etc. and all of their appetite for hedging assets, the actual number doesn't matter much right now. It's high.