Commodity Investing Contrarian Indicator: California Teachers Fund “Goes Long”

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Contrarian indicators don’t get much better than this. Our good friend here in town, fellow Austrian economist fanatic Jonathan Lederer sent along word today that the California State Teachers’ Retirement System (CalSTRS), has approved a plan to begin investing in commodities “as a hedge against inflation and to buffer losses in equities” (Seriously, I’m not making this […]

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It seems like these days, EVERYONE is looking a natural gas prices, wondering “how could they be so low?” As recently as a few years ago, “The Natty” was selling for over $16 – how could it now be languishing just above 3? It’s often said in the commodity world that the best cure for […]

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On Thursday, I gave a pitch for my startup (Chrometa, auto time capture) at a business innovation showcase here in Sacramento. A traditional business plan pitch is fairly formulaic – you talk about the pain point you’re addressing, your solution, your market, why your team can get it done, etc. Big focus on the market […]

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It’s been a manic start to the week for commodities and currencies…deflation was “back” yesterday, with investors running back to the dollar…and today inflation was the focus, with the dollar getting dumped! Last evening, we observed that sugar was standing tall amidst an across the board selloff in commodities. Well today, that strength carried through […]

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Mama said there’d be days like these…though you may have thought they were a thing of the past. With the DOW dropping 200 points on the day, and commodities down across the board, the “flight to safety” positions stood tall, just as they did during the darkest days of the Great Deleveraging of 2008. Yes, […]

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Regular readers know that we’ve been anxiously awaiting the decoupling of commodities and currencies from stocks.  These asset classes are historically uncorrelated.  That changed late last year when the financial world ended, and everything went down the crapper at about the same speed. Except, of course, the US dollar and bonds…but I digress… Today stocks […]

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Here’s a fantastic – and free – webcast, courtesy of Frank Holmes and the team at US Global Investors, entitled Commodities: Reasons to Be a Bull When Everyone’s a Bear.  It was originally recorded on April 21st. It runs almost an hour, and is definitely worth a watch if you are a serious commodities investor. […]

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