Investing and Trading News, with a Contrarian, Sarcastic Twist!
Open Positions Date Position Qty Month/Yr Contract Strike Call/Put Entry Price Last Price Profit/Loss 04/15/08 Long 2 JUL 08 Corn 605 628 1/2 $2,350.00 04/29/08 Long 1 OCT 08 Live Cattle 103.850 107.050 $1,280.00 04/30/08 Long 1 OCT 08 Live Cattle 104.350 107.050 $1,080.00 05/08/08 Long 1 OCT 08 Live Cattle 105.350 107.050 $680.00 05/09/08 […]
Full article In vintage Mises fashion, Kel Kelly points out that government is the root problem here, not the solution. Amen!
A story we’re continuing to follow very closely here – high grain prices should increase meat prices.
The dollar rally continues today, on the back of comments by a Fed Head mentioning inflation, and hinting at a potential rate increase in the cards. I’m filing this one in the category of “I’ll believe it when I see it”. Personally I wouldn’t mind seeing the rally continue, just sweetening the entry prices for […]
Jim Rogers on CNBC yesterday, with everyone’s favorite Money Honey, Maria Bartiromo. Thanks Toby for the find on this one.
Same story we’ve been following here. A nice rally in the grains today, and a little bit of life in the softs as well. Can corn continue to break out from here? It’s been rangebound for the past couple of months – I keep thinking that fundamentals will eventually prevail and push corn past the […]
This beauty sure slipped under the radar. Maybe all is not right with the world again, just yet?
Over the weekend, Warren Buffet commented if he “landed from Mars today with a billion of Mars dollars, or whatever they call them on Mars, and I was thinking about where to put my money,” he wouldn’t put it all in the U.S. currency. Full article on Bloomberg
Better to be lucky than good – my accidental rice short on my exit ended up being a very nice trade. Looking back I covered too early, but oh well…lucky entry anyway, I was scared of being too greedy. Not much doing now – commodities are pretty much experiencing a correction across the board. Yen […]
In his recent article in Harper’s Magazine, Kevin Phillips takes a good hard look at government economic numbers (a la John Williams) and concludes that – surprise, surprise – the numbers are skewed to serve political goals. This is not news to many readers, but this piece is still worth a review, as Kevin paints […]
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