What's with Commodities?

[TOM4CWB]

I thought we might bring this up here as very interesting discussions this week:

Cotton et al,

Interesting interviews on BNN this past week:

Japan had sovereign debt downgraded to AA- the same as CHINA (AA-) by S and P.

Japan has debt at 227 percent of GDP, Greece is below 150 percent of GDP; US now at about 100 percent, and Canada at 75 percent debt to GDP.

The US spent $5 trillion to gain $600billion in GDP.

Were told we need to spend $100 Trillion to get through this recession/crisis.

http://www.bnn.ca/News/2011/1/27/Japan-sovereign-debt-rating-cut-by-S-and-P.aspx

The Street : January 27, 2011 : Outlook for Commodities [01-27-11 8:45 AM]
January 27, 2011
January 2011
The Street
Jaime Carrasco, Investment Advisor, Macquarie Private Wealth, talks to BNN on his outlook for commodities and concerns surrounding the agricultural sector.

http://watch.bnn.ca/#clip408188

Have a look...

The US dollar must go lower.

THis means commodity prices must go higher...

Credit crisis means production shrinks because less is produced... Capital is tight.

Canada has what the world needs.

[cottonpicken]

There is good intel coming out that the fed actually
lent out 12.5 trillion during the last crisis.

Some top investment houses are literally cornering
some markets.

Historical price ratios between gold-oil-grain have
us extremely undervalued.

Nobody is showing up at the bond auctions-
globaly-investers are realizing there is nowhere to
run or hide except,tangibles.

[boarderbloke]

Starting tonight, I'm hoping to see China and other countries in the market, buying the very last old crop stocks, in an attempt to quell and subdue any hungry stomachs they might have in their own countries, "the ones" needed to start riots and political turmoil.
Disappointed with Friday close on MGE Wheat, hope it was profit taking and uncertainty on a Friday afternoon. Looking to see a big turn around there next week.
USD up big, and still crude up 3-2.5, but Bean oil off and canola flat?

[cottonpicken]

Tom,Pars,Charlie and et all,a few years back i
proposed to you folks a reverse tech analysis to cwb
sales and never received a response.

Now that you guys are slowly coming to grips with the
way things work,are you still interested on the
subject,or is this not interesting to you?

[parsley]

Set the table. I'm coming for an idea- snack. We'll see what kind of cook you are. lol Pars

[parsley]

<p></p>
<p><strong>[URL="http://www.whitehouse.gov/administration/eop/perab/members/goolsbee"](This is what incompetence looks like.)[/URL]</strong></p>

[tmyrfield]

The US financial crisis and commodities and the dollar are all linked. like it or not.
here is a very good account by a canadian on what happened and what may come.

http://rossmckitrick.weebly.com/uploads/4/8/0/8/4808045/us_financial_crisis.rm.pdf

[parsley]

<p></p>
<p><strong>[URL="http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/8291470/Egypt-and-Tunisia-usher-in-the-new-era-of-global-food-revolutions.html"](The good thing is we can feed ourselves!)[/URL]</strong></p>

[BTOfarmall]

Hey Cotton, Udders.....

Dis where some of that $12.5 Trillion went........

http://www.youtube.com/watch?v=-nOIMQWiFWY

[TOM4CWB]

Charlie, et al;

A house that cost $150K is now $340K

Land that cost $150K/qtr is now $350K

Fert that was $400/t is now $800/t.

Good help on the farm is $25/hr... was $12/hr.

Oil was $40/b now $80/b...

I get told $5/bu for my wheat is a GOOD PRICE! THis is true?

Now $14/bu is the same as $7/bu Canola?

We had 1.5-2 percent inflation per year?

NO WAY.

Have we entered a NEW erra?

Are we growers really more profitable???

Have income taxes actually gone down? NO because money is worth half of what it was... gov. still gets more!

[parsley]

<p></p>
<p><strong>[URL="http://blogs.forbes.com/gordonchang/2011/01/30/egypt-is-the-next-tunisia-what-is-the-next-egypt/"](All people compare, don't we. Don't forget how we got where we are. Generations of head down, ass up, hard work.)[/URL]</strong></p>

[agstar77]

We live in interesting times!! Twitter has dates for uprisings in all the middleast dictatorships.