Expert Commodity Picks for 2009: Jim Rogers and Marc Faber [View article]
Thanks MF - thanks for pointing out, that's good to see - looks like the chart is starting to turn down perhaps? I was inspired tonight and did a little writing on the topic - mentioned your previous piece commoditybullmarket.bl...
Expert Commodity Picks for 2009: Jim Rogers and Marc Faber [View article]
@mkreisel - You're 100% right, a good harvest can kill a good long position.
Though now that farmers are unable to get loans for fertilizer due to the credit crunch, maybe this tips the scales in favor of a potential bad harvest.
Combine this fact with the extreme depressed prices of many agricultural products - sugar 80% below it's all-time high, cotton below it's price when the commodity bull run began, and some of these prices could do moonshots.
Well...after all...I guess they call it speculation for a reason!
Expert Commodity Picks for 2009: Jim Rogers and Marc Faber [View article]
Expert Commodity Picks for 2009: Jim Rogers and Marc Faber [View article]
Though now that farmers are unable to get loans for fertilizer due to the credit crunch, maybe this tips the scales in favor of a potential bad harvest.
Combine this fact with the extreme depressed prices of many agricultural products - sugar 80% below it's all-time high, cotton below it's price when the commodity bull run began, and some of these prices could do moonshots.
Well...after all...I guess they call it speculation for a reason!
Expert Commodity Picks for 2009: Jim Rogers and Marc Faber [View article]