Investing and Trading News, with a Contrarian, Sarcastic Twist!
Cotton Futures Hit 2009 Low Cotton futures slumped to a 2009 low on bearish supply/demand news. Cotton’s projected world stocks-to-use ratio hit their highest mark since 2004-2005. We were stopped out of our position at $0.45, and this one hurt – I hate the idea of selling cotton at these prices – BUT, we always […]
In this guest article, the editors of Casey Research’s Without Borders publication make the case that emerging markets are now undervalued. They cite capital outflows as the contrarian indicator to look for in these markets – buy when the blood is in the streets. And right now, it most certainly is. The Casey folks expect […]
Earlier this week, Chinese officials commented that they will continue to buy US Treasury bonds, because they have no other viable vehicles to park their cash. From the Financial Times: Luo Ping, speaking at the Global Association of Risk Management’s 10th Annual Risk Management Convention, said: “Except for US Treasuries, what can you hold?” he […]
Matt Badiali writes that demand for natural gas has dried up, and he expects prices could stay low for some time. Natural gas often rallies this time of year, but has not moved up thus far. Matt cites record recent production – with nat gas reserves at record highs – as another factor that may […]
Coffee prices were mixed, although the longer-term outlook for bean values may mean higher prices because of a potential supply crunch. Source: Reuters
Please enjoy this insightful guest article by Doug Casey, as he shares his forecasts for the 2009 economy and beyond. I strongly agree with Doug’s outlook for gold and interest rates. The contrarian in me wants to be more optimistic about the economy beyond 2009, so for the sake of the world, I hope Doug’s […]
Coffee Perking Up? Long-time readers know that we’ve been quite bullish on coffee for some time in this space. So on Friday, when I received an email from my commodity broker, Robert, about possibly initiating a coffee position, I was extremely intrigued. We wrote this article about coffee for Seeking Alpha last August. Long-term fundamentals […]
Jim Rogers, doing some “stand up” commentary on upcoming opportunities in the foreign currency markets: Expects the Japanese Yen to rise another 10-15% The current dollar rally is a forced short covering – not a flight to safety We are going to have “many, many, many” more currency problems this year Owns the Euro, Swiss […]
Here’s a thought provoking guest post by David Galland, Managing Editor of Casey Research, as he makes the case that the real cause of the housing-led crisis was a failure to appreciate the similarities between humans and rats! Bait for the Two-Legged RatBy David Galland, Managing Editor,The Casey Report, Casey Research I have often said […]
Richard Russell’s latest comments on the action in the gold and silver markets: As I said, the gold action is changing — what’s happened to the profit taking? Gold buyers have stopped taking profits, the are buying and sitting with their gold. Physical gold has now been swept off the market. Coins are only sold […]
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