4036 replies to this topic

[senorBS]

 

Corn and wheat are getting killed. I thought we were heading towards food shortages, global starvation, drought, WWIII and famine? With all this grain abundance we should get lower prices of meat?

after tripling dont you think there is need for a pause that refreshes?

 

No kiddin Dougie, CRB and many components have monstrous rallies, what's wrong with at least a 38% retracement, maybe even a bit more? Is not that healthy and normal?

Enjoying a beautiful 75degree day and mostly ignoring the markets. Checkin in during my lunch

 

Senor

[K Wave]

Meanwhile, back at the ranch....

 

https://www.zerohedg...e-half-all-jgbs

 

Tick Tock.....

 

It’s hard to emphasize the scale and speed of the BoJ’s recent bond buying to defend the 0.25% yield cap on 10-year JGBs. June is not over, yet the BoJ has already bought over 25% more JGBs than it has in any month previously. Even so, the bank is barely able to keep the 10-year yield below the cap, while the rest of the curve is rising, despite the BoJ buying JGBs across maturities.

 

The spate of bond buying takes the BoJ to a place it almost certainly never envisaged when it started QE as a “temporary” measure back in 2001 -- owning virtually half of the JGB market (49.2% by my calculations).

[K Wave]

BItcoin new Short ETF out this week...ticker BITI

 

BTC looked a bit washed out over the weekend, so if it gets retest of that low along with folks piling into new short EFT.....................

[K Wave]

BItcoin new Short ETF out this week...ticker BITI

 

BTC looked a bit washed out over the weekend, so if it gets retest of that low along with folks piling into new short EFT.....................

Just for reference, look when Long BTC ETF launched.. you ALWAYS have to think like a criminal when dealing with Da Boyz....

 

Might see a sizable bear market rally after a divergent dip???

 

[linrom1]

 

Corn and wheat are getting killed. I thought we were heading towards food shortages, global starvation, drought, WWIII and famine? With all this grain abundance we should get lower prices of meat?

after tripling dont you think there is need for a pause that refreshes?

 

What? I need to ask Pesavento about grains. They're too cheap. Farmers can't make any money.

[K Wave]

bulls may have run outta time over night here...

 

As long as gold under 1830, back in the danger zone...

[K Wave]

Crude gettin' torched after he failure at the Big Kahuna 110

[linrom1]

Third day in a row that OI on Comex gold went up.

[linrom1]

 

CRB is going into la la land. There is no telling how high it's going to go--1,000 is a logical target.

Edited by linrom1, 21 June 2022 - 11:39 PM.

[gannman]

thanks for that info linrom1