Investing and Trading News, with a Contrarian, Sarcastic Twist!
With sugar prices back in the tank, farmers appear to be looking to other crops. Here is a sample of articles I found as supporting evidence. As a result, I believe supply numbers may disappoint over the next couple of years – which could trigger another price run-up. That would make this an attractive time […]
MUMBAI: Sugar futures fell on Wednesday as deliveries started arriving at warehouses ahead of next week’s near-month contract expiry, and weighed down by a bumper crop in the offing. The International Sugar Organisation said in its monthly report on Tuesday it expected India to overtake Brazil as world’s top sugar producer with an estimated 33.5 […]
Date Position Qty Month/Yr Contract Strike Call/Put Entry Price Last Price Profit/Loss Market Value 01/22/07 Long 1 DEC 08 Cotton 63.00 72.50 $4,750.00 04/16/07 Long 1 DEC 08 Cotton 64.50 72.50 $4,000.00 07/27/07 Long 1 DEC 07 Coffee ‘C’ 115.30 121.40 $2,287.50 06/19/07 Long 1 DEC 07 Coffee ‘C’ 120.50 121.40 $337.50 03/23/07 Long 1 […]
From James Turk, founder of GoldMoney.com: The above chart is presenting a very bullish picture for gold. My upside target for gold this year has been $800. To be honest, I thought we would be there by now, but we’re not thanks to central banks as explained above. But we have reached a state in […]
From Agora’s 5 Min Forecast: “The price of natural gas continues to wallow around and not do much,” Chris Mayer tells his Capital & Crisis readers, “but there are two long-term, seemingly relentless natural gas trends that bode well for those invested in the industry. Price movement like this is making many natgas stocks “move […]
Date Position Qty Month/Yr Contract Strike Call/Put Entry Price Last Price Profit/Loss Market Value 01/22/07 Long 1 DEC 08 Cotton 63.00 68.80 $2,900.00 04/16/07 Long 1 DEC 08 Cotton 64.50 68.80 $2,150.00 07/27/07 Long 1 DEC 07 Coffee ‘C’ 115.30 116.65 $506.25 06/19/07 Long 1 DEC 07 Coffee ‘C’ 120.50 116.65 ($1,443.75) 03/23/07 Long 1 […]
I am not normally a huge gold bug. I do not own any gold in my futures account, but about a month ago I purchased the ETF GLD for my ROTH IRA. I may be a bit ‘old school’, but watching the Fed try to ‘liquidate’ its way out of the credit crunch really turned […]
Ticket # Reference # Time Entered Status 7341103 09/06/07 07:29:08PM FILLED SELL 1 JULY 2008 WHEAT (ECBOT) MARKET SOLD 1 JULY 2008 WHEAT (ECBOT) AT 601 (09/06/07 07:29:08PM) 7332781 09/05/07 06:07:23PM FILLED SELL 1 JULY 2008 WHEAT (ECBOT) MARKET SOLD 1 JULY 2008 WHEAT (ECBOT) AT 615 1/4 (09/05/07 06:07:22PM)
From Agora’s 5 Min. Forecast: Gasoline supplies are at their lowest level since 1991. Measured in “days of gas available,” the Energy Department reported that, for the last week data were available, the U.S. has only a 20-day supply… the lowest since the first Iraq war. Yet despite these supply levels, gas prices remained at […]
From the WSJ:Full article (subscription required)Food Prices FaceIncreasing PressureAs Futures Hit High By TOM POLANSEK September 5, 2007; Page C8 CHICAGO — Consumers in the coming months will have to pony up a little more money at the grocery store for flour, bread and other baked goods as record wheat futures prices are driving up […]
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