Lynn I'm posting a few sentences from a highly followed commodities funds trader. Ignore the trade talk. Just pay attention to 'why" he is going to be loading up on more commodity ETFs. The 'why' is what could prove a very big deal next year, if he is correct. This guy is not a 'doomsday'
survivalist type; just a very successful trader who does his reasearch. Pay attention to what he says will happen to thew farmers. Guess who will be nedding a bail-out, next year.............
----------------------------------------------------------------
"I still hld in my longterm XXX and XXX,both under water but will add to them in February to both.However when the dollar falls both commodities will rise
before Febrry somewhat but the real rise comes after ,poor planting,no credit for fertilizers and seeds plus shortages of propane in the corn growing areas.Farmers ,who sold wheat in the futures for ten dollars a bushel,are still
waiting for settlements and probably won't see a dime, only the ashes of trading houses and hedge funds"
--- On Fri, 12/12/08, Lynn Wigglesworth <lynnw1366 AT hotmail.com> wrote:
_______________________________________________
Homestead list and subscription:
http://lists.ibiblio.org/mailman/listinfo/homestead
Change your homestead list member options:
http://lists.ibiblio.org/mailman/options/homestead/lynnw1366%40hotmail.com
View the archives at:
https://lists.ibiblio.org/sympa/arc/homestead
Archive powered by MHonArc 2.6.24.