Article in Tuesday’s Financial Times about what’s different about high food prices this time around, and the ramifications that could be felt as a result.
Investing and Trading News, with a Contrarian, Sarcastic Twist!
Article in Tuesday’s Financial Times about what’s different about high food prices this time around, and the ramifications that could be felt as a result.
Rogers went on a familiar rampage against US monetary policy yesterday for 750 fund managers in Japan. I think it’s really hilarious how he tears into Bernanke – it never gets old for me. Also interesting to note that although the dollar has tanked quite a bit, he added “you ain’t seen nothing yet.” He […]
If you’re a precious metals fan, GoldMoney’s James Turk is probably a must read for you.
Full article Summary: UN says world food production must increase by 60% over next 20 years to meet demand Grain and meat production is extremely water intensive – many areas in the world do not have the excess water to ramp up grains and meats Brazil will be the key – it has 23% of […]
Full story Summary: Kerr believes a sharp correction could arrive at anytime Corn prices are likely to remain high as long as the US gov’t continues to subsidize ethanol Longer term, the bull market in ag commodities should continue for some time
Was out of town this weekend, so I’m late in posting the positions. Not sure even what to say at this point – it’s a pure runaway market. Just hang on and enjoy the ride! Open Positions Date Position Qty Month/Yr Contract Strike Call/Put Entry Price Last Price Profit/Loss 02/14/08 Long 1 MAY 08 Cocoa […]
Well…duh. Full story Summary: US retail prices in 2007 rose about 4% – highest gain in 17 years Similar gains expected for 2008 Reduced production of meat and poultry expected in 2009 (our next investment theme, maybe?)
Full stories: Theglobeandmail.com Bloomberg Summary: Potash CEO William Doyle says grain farmers need to harvest record crops every year to meet demand and avoid famine Potash execs are so confident in long term demand that they considered taking the company private in mid-January “We need a record crop in 2008 just to stay even with […]
Legendary oil investor T. Boone Pickens told CNBC this morning that he is short oil and natural gas. He believes that oil will have a short term pullback. I was surprised by this – Pickens has been (correctly) calling higher oil prices for quite some time. I’m glad I’m not long oil or nat gas […]
What to make of the ’08 soft commodity rally? Things have happened so fast – even I’m not sure in the short term. I still believe that the long-term case (next 5-10 years) is firmly in place. Rising demand and limited supply will take time to fix – and by that time, most of the […]
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