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You know, I wish I had something interesting or insightful to say. Last week sucked, and I’m just glad to be out of my losing positions (silver – ouch, pork bellies – rallied since, of course). Did a bit of thinking, and it’s probably time I start following my own advice. Keep position sizes manageable, […]
Good piece by Christopher Laird on the ongoing inflation/deflation battle. I found this bit particularly interesting: There is a report that 25% of the world wheat crop is at serious risk of a new virulent wheat rust that chokes the wheat before it comes to head. (Mid-East to Asia). The US has its own concerns […]
Video link Notes: Invest in Asia/China Dollar sucker’s rally will continue, but he doesn’t want to own a single dollar this time next year Surprise for oil will be how high the price goes, and how long it stays high Believes American Central Bank will disappear within the next decade or two
There is a conspiracy theory that 8 large traders, in large part, control and manipulate much of the gold and silver markets. The tale goes that these traders aim to keep gold/silver prices low by manipulating the market with their massive short positions. I never really bought into this theory – until yesterday. With the […]
Let’s look at a few opinions I’ve heard over the last couple of days: Chuck Butler at the Daily Pfennig believes at least 20% of the current price is speculation driven Jeff Clark at The Growth Stock Wire thinks it’s time to sell oil stocks now T. Boone Pickens (video posted yesterday) says demand is […]
Cattle’s looking good – I’m keeping an eye on the Feeder market also. Wish I still had all my Live Cattle contracts, but oh well – looking to add on a new breakout. Pork bellies are not looking good – same article linked above mentions too much supply on the market. Quite a breakout by […]
BP Capital CEO Boone Pickens thinks we’ll see $150 oil before the end of the year. He also bought 10 million shares of Yahoo, following his friend Carl Icahn into the deal. He also believes demand destruction in oil due the US slowdown is a non-issue, as the rest of the world is compensating for […]
Hell, I really took it on the chin last week, particularly toward the end of the week. I wasn’t sure what to do – so I figured when in doubt, get out! Nothing seemed to be acting well – corn especially appears to be a disappointment. I’d rather sit on the sidelines and reevaluate, rather […]
Kevin Kerr recently started up a blog on his trading site. I’ve added a link here on the left. Crappy day today, winding down on a crappy week. Corn has been getting absolutely whacked on the good weather reports – I’m still in the trade, with a stop down at 578. Natural gas has been […]
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