One of my favorite commodity analysts to track is Jurgens Bauer, especially for his thoughts on the softs. I used to frequently post links to his columns when, I think, he wrote for Barchart.com, or was at least syndicated through them.
He’s since moved on, and I was happy to see his name popup as the featured interview over at Hard Assets Investor. It’s an 8-minute interview – one that’s well worth watching if your keen on commodities, particularly if you’re following sugar and cotton.
Jurgens is a throwback – he just LOOKS like a guy who grew up in the trading pits – that just adds to his aura. He did allow that sugar could go to $0.30…or even $0.40…since we are in a supply deficit. He views key upper resistance as $0.23 or so (which we’ve seen).
Sugar me sweet! Does sugar have another push up?