Canola

[mcfarms]

FYI. CP is still here with us everyday, just have to look harder!!

Couldn't agree more with his Canola predictions though.

I've been saying this for hmmm??? 7-8months.

Will also note, that anyone selling Oats for $2.00/bus better be buying them back on paper, after all a year from now they will be double todays price.

Anyone out there that can buy Fertilizer this summer for 600/ton 46, or 750/ton phos, either better be buying it!!! Or replace it by buying shares in the companies!!

If Canola can push through 450 within a month............Woooooooooooohhhhhhhoooo.

Check out how nice Bean Oil looks right now!!

[parsley]

snappy, I see you haven't dumbed down over the winter.lol IYHO, What's gold going to be like this summer? Pars

[boarderbloke]

GOLD BUGS, heads up! check out this "daily COMEX Gold chart" it looks to me that gold has been testing the support a lot more often than resistance since late January.

http://futures.tradingcharts.com/chart/GD/69

now have a look at the "weekly COMEX Gold chart"

http://futures.tradingcharts.com/chart/GD/W

todays close is sitting right on the 45 day avg. it hasn't closed below the 45 since the first week of Jan. if it closes below the 45 i think next week will set the direction for gold into summer.
I'd appreciate pilpilsner or snappy to comment on the technicals. if gold tests $800 again i'll buy more. also, what effect might it have on crude and the CAN$ if gold retested $800 or $750???

[pilpilsner]

It may drop shortterm,but there is massive demand out there.


The problem with farmers is why sell grain to buy gold?

[pilpilsner]

What drives the price of Gold up??

Answer... Fear.

That fear is gone. Gold is flirting with some serious support right now, and if broke, heading into summer the price of Gold will drop.

Crude is going to go straight up.

I'm not to worried about Gold with relationship to the Canadian buck, because now that the US buck is starting to shit the bed, our Dollar is going to par with US within a year.

Welcome to the wonderful world of inflation boys and girl.(didn't forget you Pars)

[parsley]

Fear,... you bet, snap.

But I get this nag alert when I watch the continuing erosion of support in Obama's trillion dollar hotfix, as reflected by US polls.

An entire green painted wheelbarrow filled with $AM/CAD dollars that won't buy summer's gas even if it is topped with your single permit book,(I hope I remembered the # correctly,lol) is just the sort of image that causes fear.

btw, I'm just one of the guys. Pars