Corn Crop Disappoints, Grain Stockpiles Drop to Three-Year Low

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The bumper US corn crop of 2011 has turned into a disappointment, leaving global corn stockpiles at a three-year low.  Courtesy of Bloomberg via The Daily Crux: The U.S. is reaping its smallest corn harvest in three years after a drought damaged what was a record crop as recently as July, driving annual prices to […]

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Richard Russell dismisses the chatter about a bubble in gold in his latest Dow Theory Letter.  Here’s an excerpt, courtesy of our friends at The Daily Crux: Question: Russell, what do you make of all the talk about gold being in a bubble? Answer: I’ve seen a number of bubbles in my life, and they […]

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