Energy & Commodities

Invest in Sugar – Agriculture

Posted by Jim Rogers

on Friday, 20 September 2013 21:59

Sugar – Weekly Futures Contract
 

“I have started buying some sugar. I am not sure of how I got my timing right, I am never very good at it, but I am more bullish on agriculture. Some agriculture prices are very depressed. Sugar, for instance, in the western market is down over 75% from its all-time high

You are going to need to protect yourselves from currency debasement and currency decline. So think of real assets.”

Jim Rogers Blog HERE

The Incredible surge in U.S. oil production

Posted by Sumit Roy via Hard Assets Investor

on Friday, 20 September 2013 21:22

For a larger chart view go HERE

US Could Be World’s Largest Crude Oil Producer By 2014 On Surging Output. 

Crude oil production in the United States surged to 7.745 million barrels per day last week, according to the latest data from the Energy Information Administration. If production rises another 20 percent in 2014, the U.S. could challenge Saudi Arabia and Russia as the world’s largest crude oil producer. According to the EIA, both countries are currently producing just below 10 million barrels per day.

 

US Stocks: Terrible Technicals

Posted by John Rubino - DollarCollapse.com

on Friday, 20 September 2013 20:46

Sometimes charts, graphs, and images line up persuasively, and for U.S. stocks John makes the case that this is one of those once in the blue moon times:

A few examples:

Broadening triangle
This one is from David Chapman, manager of the Millennium Bullion Fund. As he describes it in a recent SafeHaven article:

A broadening triangle pattern is rare and if it does occur it normally is not seen over such a long period of time. This pattern saw its first peak in 2000 (A) followed by the initial bottom in 2002 (B) followed by the huge 5 year rally that topped in October 2007 (C) then the 2008 financial crisis crash (D). The current rally that got underway in March 2009 could soon make its final top (E).

A bearish broadening or expanding triangle would normally break down through the bottom of the triangle and have objectives that could in theory equal the widest point of the triangle. In this case, that would be D to E. This scenario could result in a complete collapse of the DJI. Some technical analysts such as Robert Prechter of Elliot Wave International www.elliotwave.com and Robert McHugh of McHugh’s Market Forecasting & Trading Report www.technicalindicatorindex.com have long been forecasting a potential final top to the current Grand Supercycle and that it could culminate in a huge financial collapse. This appears to fit their model.

Broadening-triangle

…see more on Magazine cover hyperbole, Excessive P/E ratios, Consumer Sentiment & Margin Debt HERE

“Just as the monetary indicators are turning positive [for gold],” said HSBC in a report Thursday, “physical demand – a mainstay of the market through the summer – is turning less supportive.”

Reuters today notes a sharp fall this week in Asian premiums for physical gold, over and above benchmark London prices.

Hong Kong premiums fell to $1.50 per ounce from $2.50, the newswire says. Tokyo gold went to a slight discount to London settlement.

“There has only been investment buying because of the Fed decision,” says Hong Kong dealer Ronald Leung at Lee Cheong Gold. “There is no physical interest” from jewelry stockists.

The Implications Are Staggering – Especially For Gold

Posted by Adam Hamilton - Zeal Intelligence

on Friday, 20 September 2013 19:44

“The Federal Reserve shocked the financial world this week, defying universal expectations”

Ed Note:This is a thorough analysis of the Fed’s decision, especially as it relates to Gold. There are two great charts I have enclosed below and a lot of links to support his judgement and declarations. Click on either chart or the title of his article Fed Unleashes Gold below to read this long and detailed article: 

Zeal092013B

Zeal092013A