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Red River Valley | dvswia - because the long only Index funds have been buying large amounts and holding those positions because they belive commods are a asset class. but with each harvest they lose a little ground and IMHo they will continue to lose ground so all of their length sent us to $15.00 beans then to $12.00 then to $10.75 now to $10.00 after this fall when they support prices, and allow farmers around the world to add more production,prices will be some what lower maybe $8.00 at some point they will get sick of holding and find another place to play with their money. | |
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I got a feeling...
