Investing and Trading News, with a Contrarian, Sarcastic Twist!
Shout out to my boy Marcos for forwarding this one along. A BB&T Capital Markets analyst said Monday corn rationing may be necessary this year, following a U.S. Department of Agriculture report predicting farmers would plant far fewer acres of corn in 2008. Full article
3/31 Editor’s note – Click here for coverage on the latest USDA Planting Intentions Report. Report looks to be bullish for corn, bearish for what and beans. Full article from Farm Futures. And the markets are trading accordingly. I just picked up a May corn contract at 576 – like the report, and overall […]
Open Positions Date Position Qty Month/Yr Contract Strike Call/Put Entry Price Last Price Profit/Loss 03/24/08 Long 1 MAY 08 Cotton 71.87 71.70 ($85.00) 03/13/08 Long 1 JUN 08 Japanese Yen 0.9992 1.0100 $1,350.00 03/12/08 Long 1 MAY 08 Rough Rice 18.980 19.675 $1,390.00 03/13/08 Long 1 MAY 08 Rough Rice 19.500 19.675 $350.00 03/25/08 Long […]
Full clip (3 min) – Faber is a long term commodity and gold bull, and dollar bear – however he is concerned about massive de-leveraging that potentially drive down prices across all asset classes.
Maybe we’re beating a dead horse, but these “priced in gold charts” always jump out at me. Hat tip to Agora’s 5 Min Forecast for this one. If you are really into this, check out PricedInGold.com, and you can check out the charts of almost anything priced in gold, to your heart’s content.
Unfortunately Agora has not yet posted the full article yet in their Rude Awakening archives – keep an eye out. Same story we all know – agriculture is poised to go much higher, and the softs (sugar, cotton, cocoa, coffee) look particularly undervalued.
“I think I made a mistake” Pickens humbly told CNBC yesterday, referring to his prediction that oil would drop in the 1st quarter. He sees oil “hanging around here” in the 2nd quarter, and above $100/barrel in the 2nd half of the year. He is also bullish on natural gas, citing it’s relative cheapness compared […]
Full article Summary: We all know the yen carry trade – folks borrow “cheap” yen (paying unnaturally low interest rates), invest in higher yielding terrain (ie. Australian dollar) and leverage the shit out of it. This doesn’t work when the yen rises – as it is now. I had assumed that most of the carry […]
I just installed an application called Disqus on the blog after reading about it on TechCrunch. It’s supposed to help make the comment section more interactive and easier to manage. I believe it only applies to new posts – so let’s try it out, and let me know what you think. I’ve been trying to […]
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