Cotton just hit a record last week...What does that mean for clothes?
Tuesday, February 15, 2011
China food change.jpg (708×894)
China food change.jpg (708×894)
---cucumbers up 28.2% in ten days, kidney beans up 21.9%, rapes up 14.5%, tomatoes up 12.9%, hair tails up 4.7%, bananas up 3.6%, chickens up 3.1%. And this, again, is in the past 10 days! But not all is lost: Soybean oil actually dropped by 0.1%
Friday, February 11, 2011
Dow - Crack Baby
What happens when the market doesn't get its free money?
Look at the dates...
Fed POMO (permanent open market operations) goes until Feb 9th then starts again today. What happened yesterday when the Dow didn't get its POMO?
There was no POMO yesterday AND....
Schedule starts again today and market continues the meltup.
Bottom line: The Fed can't monetize forever. What happens down the line when the market has to ween itself off of POMO? No one knows, but it won't be pretty.
Thursday, February 10, 2011
YouTube - [PETER SCHIFF] 2011 PREDICTIONS + QE3 + QE4 + IRISH ECONOMY = [DEC 2010]
YouTube - [PETER SCHIFF] 2011 PREDICTIONS + QE3 + QE4 + IRISH ECONOMY = [DEC 2010]
Brilliant stuff
"Why is it better to let them default?!?!??!" Shock
Wednesday, February 9, 2011
Flying Foodstuffs
Corn prices are set to surge!
The US Grain Council, the industry body, said late on Thursday that it has received information pointing to Chinese imports as high as 9m tonnes in 2011-12, up from 1.3m in 2010-11."
Why is this a concern? Because "the US Department of Agriculture, which compiles benchmark estimates of supply, demand and stocks, forecast Chinese imports at just 1m tonnes in 2011-12." In other words, the whole forecast supply-demand equilibrium is about to be torn to shreds."
RICE - the most consumed food on the planet- experiencing the same thing.
Back on the verge of $16 and breaking out to the $20-24 level. We wonder how Egyptian protestors will feel when they realize that in the two weeks since the Egyptian revolution started in earnest, most foodstuffs have increased by another 15%+.
Tuesday, February 8, 2011
NYSE Volume: Lowest Of The Year | zero hedge
NYSE Volume: Lowest Of The Year | zero hedge
Volume is down more than 40% below average, yet stocks keep going up. Why, I wonder?
Monday, February 7, 2011
Charting The "Success" Of QE2 | zero hedge
Charting The "Success" Of QE2
Bottom line: the S&P is up over 30%, the 10 Year has plunged from over 126 to 118, while NFPs have added 392k, or 78.4 per month, nowhere near enough to even keep up with the natural growth of the labor force. So has QE been a success?
Dollar, cotton, rice and wheat since August.
Bottom line: the S&P is up over 30%, the 10 Year has plunged from over 126 to 118, while NFPs have added 392k, or 78.4 per month, nowhere near enough to even keep up with the natural growth of the labor force. So has QE been a success?
Dollar, cotton, rice and wheat since August.
What's wrong with this picture?
https://marketforceanalysis.com/article/latest_article092110_files/stacks_image_174_1.png
https://marketforceanalysis.com/article/latest_article092110_files/stacks_image_192_1.png
Friday, February 4, 2011
Jim Rogers Tells CNBC To Change Its Name To CommoditesNBC, Sees Oil At $150, Is Short Nasdaq ETFs, Expects More Governments To Collapse | zero hedge
Thursday, February 3, 2011
Wednesday, February 2, 2011
Tuesday, February 1, 2011
US Mint Sells Absolute Record 6.4 Million Ounces Of Silver In January, 50% More Than Previous Highest Month | zero hedge
US Mint Sells Absolute Record 6.4 Million Ounces Of Silver In January, 50% More Than Previous Highest Month | zero hedge
The US Mint sells 6,472,000 ounces of silver....this is nearly 50% higher than any prior month in the Mint's 26 years of published sales history. This has occurred, despite supposed profit taking in the paper silver market in January. And just today, another 50k, were sold. It seems that physical buyers continue to enjoy the dip in paper silver that is providing them with an attractive entry point.
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