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Things to Watch This Week

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  • cottonpicken
    Senior Member
    • Apr 2006
    • 6993

    #11
    I think the very short term is going to be bad for grains.

    The race to cash is on,then depending on the liquidity that is pumped in, we should be o.k.

    We being us farmers,alot of people have just lost alot of wealth.Pension funds,home owners and lots of other people are going to be facing some HARSH realities.

    People should remember all of this is happening after bush announced a 150 billion bailout.

    Trading will probably be halted tommorow.

    Hopefully it is not a global financial implosion.

    Comment

    • wedino
      Senior Member
      • Oct 2000
      • 549

      #12
      Gold is flying, doing what it should. Cotton, is a double too much to expect?

      Comment

      • cottonpicken
        Senior Member
        • Apr 2006
        • 6993

        #13
        Alot of good analysts say it will.

        I think there are lots of other things that will double before it,but who knows.

        Looks like the emergency rate cut is going to work in the short term to stabilize the markets,but the dollar is going down hard.Which is great for commodities.The next couple of weeks should be fun to watch.

        Comment

        • cottonpicken
          Senior Member
          • Apr 2006
          • 6993

          #14
          Spring wheat is up 22 cents with a total swing of 53 cents!

          Comment

          • cottonpicken
            Senior Member
            • Apr 2006
            • 6993

            #15
            Another thought,the tsx is kicken ass and the dow is still down which means commodity bull ride is firmly intact!

            Comment

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