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  • People Still Need to Eat: Fertilizer Stocks Oversold [View article]
    Wheat and other grains, like oil, are experiencing declines in pricing while at the same time running very low inventories. It's like driving your car on fumes and hoping to find a gas station before you run out of gas. You can run on reserve for a while, but sooner or later you have to fill up the tank.

    I'm not saying that the market is done going down, but I'm convinced that commodities have been oversold. You can't eat gold or heat your home with it. It's your grandfather's hedge.
    Oct 06 02:05 am |Rating: 0 0
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