partimer - 4/16/2025 09:08

Thought I'd start a new thread since the gold comments from Boone have gotten a big response. Good post and appreciate the observations. Personal opinion--- gold and the US dollar many times are opposite of each other. Quite apparent now. Look at a price chart if for no other reason, the history it shows. Both actions- strong gold and weak dollar are supportive to grains or really most physical commodities. . On another note, 100 (area that US dollar is trading)is psychologically a natural place for a market to move toward. $10 beans similar, just 1 less zero! They will always break that number at least a little as traders place stop losses there. Uptrend now in the metals with gold the clear leader but silver putting a very good performance. Take a look at copper (HG). It may be the sleeper in the metals. Fundamentally, it is used a lot in new buildings and, to a lessor degree, in vehicles. Talked to a Ford salesman on Monday and he said they sold 4 vehicles on Saturday. I was impressed since they are a smaller dealership. Grains have been doing fine but don't have the headlines. Wheat and cotton are the weak twin sisters. Fuels look like somebody has found value. All that feels inflationary. It's really the only way for the US government to service or deal with finances. Again, personal opinion. Land market has been very strong. Certainly stronger than it justifies. Eventually, that will change and the naysayers will be correct. Every trend will change, given time. A friend of mine works for a large lending institution. In his area (midwest) he said on an 80 acre purchase, they will not be involved. Buyer pays cash almost always. 160 acres, they might be involved. Larger acreages, more likely. Happy Easter week to all. He Is Risen!