Search completed
Bernanke Fires Up the Printing Presses Earlier this week, Ben Bernanke announced the US Federal Reserve will buy up to $300 billion of US long-term Treasury securities over the next 3 months. Where will the Fed get that money? It will essentially create it out of thin air – also known as “printing money.” Surprisingly, […]
Grains and Softs Showing Some Signs With the stock market showing some signs of life this week, many of the agricultural markets followed suit. Corn put in a particularly strong week, driven by reports of strong export sales of the past couple of weeks, as well as strong equity and oil prices. Seasonally this is […]
Why We’re Shorting the Yen Last Monday, we shorted the Japanese Yen. Longtime readers may be wondering what we’re smoking, as we’ve been playing the long side of the Yen (with relative success) on and off over the past couple of years. My thinking is that the carry trade has been completely unwound, and fundamentals […]
Sugar is quietly staging an impressive rally off its October lows, when it briefly dipped below the 11-cent mark. Since then, we can see that sugar prices are clearly moving from the “lower left to the upper right,” recently hitting a 5-month high. Is it time to buy sugar? I think so. Fundamentally, there are […]
Gold & Silver Up – Everything Else Continues to Circle the Bowl Gold, silver, and – of course – the US dollar – continued to rally this week. They were about it, as the stock market swooned, commodities got whacked, and every asset class continued to circle the bowl. Stocks have now gone nowhere in […]
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 […]
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 […]
Next Stop: Gold $1,000 Gold has a date with destiny. Destiny may not be at the bar yet, but she’s now definitely circling the parking lot, looking for an open spot outside the Gold $1,000 comeback party.My comments on gold from last week’s commentary, which were verified to some extent by the continued rally this […]
Gold Breaking Out? Adam Hewison of INO.com believes the gold market is getting wound up, ready to explode higher (check out his free video here). Long time readers know that I believe gold is heading much higher, because inflation is heading much higher. Inflation is already through the roof – it’s just that we are […]
On Monday, the USDA released it’s agriculture supply and demand projections, which sent grains “limit down” for the day across the board, and many of the softs down sharply as well. That proved to be the worst of it – as grains slowly recovered during the week as the market digested the news, finishing the […]
Recent Comments