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Super trader Dennis Gartman shares his top 3 trades for 2011 with CNBC: No big surprise that the Gart-Man still digs agriculture and things that “would hurt if dropped on your foot,” as he loves to say. Hat tips to The Daily Crux and Investment Postcards for the link!
Ticket # Reference # Time Entered Status 7341103 09/06/07 07:29:08PM FILLED SELL 1 JULY 2008 WHEAT (ECBOT) MARKET SOLD 1 JULY 2008 WHEAT (ECBOT) AT 601 (09/06/07 07:29:08PM) 7332781 09/05/07 06:07:23PM FILLED SELL 1 JULY 2008 WHEAT (ECBOT) MARKET SOLD 1 JULY 2008 WHEAT (ECBOT) AT 615 1/4 (09/05/07 06:07:22PM)
From the WSJ:Full article (subscription required)Food Prices FaceIncreasing PressureAs Futures Hit High By TOM POLANSEK September 5, 2007; Page C8 CHICAGO — Consumers in the coming months will have to pony up a little more money at the grocery store for flour, bread and other baked goods as record wheat futures prices are driving up […]
From Agora’s 5 Minute Update: Among other things, Kevin (Kerr) will be commenting in Milan on the fact that Russia — the world’s fifth largest wheat exporter — is considering banning the sale of wheat to foreign nations. Moscow officials are concerned about wheat’s skyrocketing price and its effect on the Russian consumer… especially on […]
From Agora’s 5 Minute Update“Wheat is up another 20 cents this morning… that’s a two-day record rally.” says our Maniac Trader Kevin Kerr. Wheat has been shooting up all year long, and is currently at an all-time high of $7.60 a bushel. Since the start of 2007, wheat’s up 51%, and according to Kevin, it […]
From Agora’s Daily Reckoning: Australia, one of the world’s strongest performing economies over the last decade, is in the throws of its worst drought in recorded history. Earlier this year, Prime Minister John Howard told a largely non-religious Australian population to, “hope and pray there is rain.” Down Under, drought is wreaking havoc on the […]
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