Brazil frost

[macdon02]

can you explain macdon , i m very investing illiterate ?

Corn needs a monthly close over 439 and gold needs monthly close over 1362. This is a long term inflation clue. Think of it as 2+2=5. There's a lot going on, Deutsch bank, Hong Kong money being moved off shore and central banks along with the Iran scare that gave the initial thrust on gold. It could be a false move, or not, idk yet there's ALOT of managed money looking at grains right now. There's been the breakout above resistance and now the retest in corn it's very simple, fade the acreage resurvey. If we can get gold on the same page together it'll add spark. Chicago wheat still needs $6 and beans need $10.63 to have the same bullish posture as corn. They are just not there yet.

[Guest]

Corn needs a monthly close over 439 and gold needs monthly close over 1362. This is a long term inflation clue. Think of it as 2+2=5. There's a lot going on, Deutsch bank, Hong Kong money being moved off shore and central banks along with the Iran scare that gave the initial thrust on gold. It could be a false move, or not, idk yet there's ALOT of managed money looking at grains right now. There's been the breakout above resistance and now the retest in corn it's very simple, fade the acreage resurvey. If we can get gold on the same page together it'll add spark. Chicago wheat still needs $6 and beans need $10.63 to have the same bullish posture as corn. They are just not there yet.

thanks !