America's Energy Policy: Coming to Terms with Reality [View article]
Mr. Math-- Your math ain't so good! Wheat prices are down 41% from their highs -- and still falling! Wheat prices are below BOTH the 50-day and 200-day moving averages. So are sugar and many other commodities. Meanwhile: Wheat storage in the U.S. is at the lowest point since 1948 -- that's World War II era, when the U.S. population was half of what it is today! Speculative traders have NOTHING to do with that. These are supply and demand issues that MUST push prices higher! I wrote about the commodity bubble myth on my blog this week: globalcapital.blogspot.../ cheap-sugar-most-commo...
The Case for Natural Gas [View article]
Does anyone know of an ETF registered in the U.S. to short nat gas? If so, could you please PM me with the ticker symbol? Thanks!
America's Energy Policy: Coming to Terms with Reality [View article]
Your math ain't so good! Wheat prices are down 41% from their highs -- and still falling! Wheat prices are below BOTH the 50-day and 200-day moving averages. So are sugar and many other commodities.
Meanwhile: Wheat storage in the U.S. is at the lowest point since 1948 -- that's World War II era, when the U.S. population was half of what it is today!
Speculative traders have NOTHING to do with that. These are supply and demand issues that MUST push prices higher!
I wrote about the commodity bubble myth on my blog this week:
globalcapital.blogspot.../
cheap-sugar-most-commo...