Commodities and Caterpillar

[fjlip]

A good read...lots of $$$ bet

http://www.wsj.com/articles/how-caterpillars-big-bet-backfired-1476639360?cx_navSource=cx_picks&cx_tag=poptarget& cx_artPos=1#cxrecs_s

[SASKFARMER]

Read that big bet!

[ajl]

Anyone with a functional brain would have to know that the commodities boom was a function of central bank money printing and not fundamentals. Now that central banks have no firepower left and are irrelevant there will be deflation. That is also a lesson for land speculators.