Re: Another take on wheat prices


"greymaus" <greymausg@xxxxxxxx> wrote in message
news:slrnfu55cl.a39.greymausg@xxxxxxxxxxx
On 2008-03-20, Dave P <davepnospam@xxxxxxxxxxx> wrote:


http://www.moneyweek.com/file/42883/wheats-biggest-bull-market-could-be-about-to-end-badly.html


The writer seems to know nothing about the wheat situation.
For a laugh, there is a video on YouTube showing an `analyst'
explaining how his advice, not to pull your money out of Bear Sterns,
was correct.


there is a lot of froth in the grain market, when the price can fluctuate so
wildly on a daily basis, and also there was an article in the daily
Telegraph a week back about the fact that there is a lot of stockpiled sugar
to go into ethanol. I think he might be right, a lot of the froth will go,
but if you look at his graph on Uranium, the underlying dotted line grey
dotted line does continue steadily up.
I think the same fundamentals will effect wheat, some investers will do
silly things.

Jim Webster


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