sachinmatpal
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hi everybody .. what views do have about corn ... is corn waiting for a mjor correction ..
hi everybody .. what views do have about corn ... is corn waiting for a mjor correction ..
Whenever I see a question I like this I am reminded of Keynes excellent quote: "Markets can remain irrational longer than you or I can remain solvent."
I see current levels as an excellent buying opportunity due to the S/R pivot that is about to come into play.
I see current levels as an excellent buying opportunity due to the S/R pivot that is about to come into play.
The rally in grains as with a lot of commodities is merely a reflection of the devaluation of your fiat currency. People d not see the fact that fiat currencies are being devalued as a group. Consider what is the best return you can achieve in US savings - maybe 5% then consider that M3 is growing at 20% per year. Only way to preserve any capital you have is to invest in real things like food and energy. These grain rallies are not flash in the pan they are simple reflection of the screwed up monetary policy that is leading to the destruction of the fiat currency system. Make no mistake, we are all doomed.
hi everybody .. what views do have about corn ... is corn waiting for a mjor correction ..