Japan

[cottonpicken]

Just went full retard,stocks limit up,yen crashing,full monetization of the debt market.

[cottonpicken]

This could turn into a pivotal moment in world history.

The 3rd largest economy in the world on the door step of a sovereign bond default.

Hell of a big domino.

[furrowtickler]

Maybe pick up phone and sell and 2-14 crop asap?

[cottonpicken]

Tough call on how it will fall on us,if it happens,obviously some of it is happening now.

Dollar,dow,nikki,sucking up the new capital being liquidated in the debt market.Depending on the perception of the investors food stuffs could catch a bid,hard to say in the short term.

Errol and i where discussing the vix and after that conversation it dropped 12-15% 3 days in a row,that got my attention as a buy signal,now we have a monstor call option trade put on it,time will tell.

[errolanderson]

Japan could be the 'ignition point' of a global depression.

PS: Canada's economy has entered a recession, but it may take months for gov't data to catch up.

Our GDP in August was -0.1% and that was before the energy sector collapse.

[boarderbloke]

It doesn't look to be flowing into grain commodities this Friday afternoon, too bad.

Maybe they're just taking it completely off the table for the weekend, and it'll find it's way into ag Monday.

[errolanderson]

Bloomberg.com is running a story called
"Japan's Shock and Awe"

Agree with cotton .... What we are now witnessing right now is an amazing global high stakes poker game initiated by Japan's central bank.

[redbull81]

Speaking of the vix, took it for a cool 75% ride in a little over a week around middle of the month via HVU.
Would really be interested in hearing about your option play, what strike & expiry date you use, if you don't mind sharing.
Was thinking about option play also, HVU is only a short term play as there is a lot of decay in price over time with the way it is set up.

[ajl]

The Japanese economy imploding will be bearish for canola. Worthless yen ain't going to buy any canola.

[Hopperbin]

Lots of shit happenning ajl. Hard to predict markets with so many fundamentals. We have falling dollar on account oil gold etc. China has more money that we thought doh. I heard something this morning that usa soybeans can beshipped to europe. Crushed. And meal shipped backed to usa and it can work.

[Hopperbin]

Other than that ajl how much do you spend on cooking oil in a year? An asian might be upwards of 10 times more min. My point is canola oil or any other oil to an asian has a particular taste. They dont change oils in my opinion from what I have seen. Some maybe. But dont want to.

[cottonpicken]

I dont trade the vix just follow it as a market indicator,had read a bunch of options had been bought.

If my math is right a quadrillion yen of debt is 10 trillon us dollars. As it is liquidated and the boj buys-prints money-instead of it being sold on the market,which it would trigger higher interest rates.

So this new money needs to find a new home.