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House of Cards
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No Till 2
Posted 1/24/2008 21:32 (#292260)
Subject: House of Cards


Does anyone else think we are living in a house of cards? And that this fiat money system we have been swindled into will at some time fail? Why can't the US dollar face a MAJOR collaspe? Is there always going to be a quick fix? What happens when some more of the worlds governments see an increased need to build STRATEGIC GRAIN RESERVES? Those $6.00 july corn calls look pretty enticing if YES is the CORRECT answer to 2-5 of the above questions. If one where still holding 07 corn would'nt a .12 option position make selling on a major move higher easier? After all the physical has to move sooner or later to flow some cash and holding the calls would leave the upside open with little risk .OK so this may sound crazy but its been a hard week dealing with some family issues and the ensuing sleep depredation. The market volatility puts Vegas to shame and I don't think its going away anytime soon.
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