Investing and Trading News, with a Contrarian, Sarcastic Twist!
Rogers told Bloomberg the plan is an “unmitigated disaster” and that “they’re ruining one of the greatest economies in the world.” Boy this really gets my blood broiling – confirms my belief that this country is going to get what’s coming to it, good and hard. Protect yourself – buy gold.
Another tough one – got to put it in the past, though. Facts are, this system works great when futures are going up, and not so great when they are going sideways/down. And lately, I just haven’t been in the particular futures that are going up (oil looked nuts at $110 – who would have […]
Makes a lot of sense, and who better to engineer a plan than Boone. At it’s heart – we have to expand wind power, where great potential lies in the Midwest. Using wind power for electricity can allow us to shift the use of natural gas from energy to transport fuels.
Really great info and insights here from Marc Faber on the near term and longer term economic outlook, from his vantage point. I really love how he calls the Fed a “money printing machine.” Interesting thing about his viewpoint is that, while he believes inflation will ultimately rule the day, he believe deflation will take […]
This is great – big thanks to Agora’s 5 Minute Forecast for digging out this gem. I suspect only a matter of time before Aurora Snow stars in Government Stimulus Package 2: Double Trouble. A recent survey showed a surprising portion of Americans spent their stimulus checks on… porn? Heh… we found a study from […]
The DailyWealth team has been all over this story – record corn prices, which will soon produce record hog prices. Agree with the hypothesis 100%, but not sure if I completely agree with the way to play it. My plan is to keep an eye on those mid ’09 contracts…wish I had kept an eye […]
Well not a great week – disappointed in cotton especially, and coffee to end the week. A few thoughts on the positions: Cotton FuturesCotton broke sharply to the downside, as I managed to pin the tail on the local top. However I believe the downside here is limited, so I’m planning to hang on for […]
According to a recent NY Times article, at least 29 nations have recently curbed food exports. Take a wild guess what happens when nations curb exports of something – I’ll give you a hint, it’s not bearish for prices. Also this quote struck me in the article:“The main cause of rising rice prices is the […]
Farmers continue to shift acreage to corn and soybeans. One industry executive estimates cotton would need to top $1/pound for it to be cost competitive with corn and soybeans. So we can do the math – either cotton is going higher, or corn and soybeans are heading lower, but something has to give.
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