| davy crockett - 6/6/2026 23:28
When I say "I was too busy planting corn to haul/sell corn" it`s kind of a euphemism for I was too preoccupied and (mistakenly ) figured corn prices weren`t in imminent danger of crashing the way it did. The funds into commodities was partly an inflation play, that along with trump saying "I got a deal with Iran!!" then they stick the microphone under the nose of Iranian officials and they say "Ah, no we don`t" That happened many times and I (again mistakenly) thought the funds would conclude that this war would go on many more months. However, the trade consensus is "We have an Iran peace deal, pull money out of grains and into equities and party on Garth!" . I don`t get that analysis, but "the markets are never wrong" so let`s drive corn down to a 2 handle and take the dow to 60,000....okay Did you just happen to take notice of equities action Friday? Nasdaq down 5 1/2%? That’s hardly “Party on Garth” equities market action. 1659 points down in the Nasdaq is unheard of. Granted not the Dow, but a much better indicator of the overall equities market than the Dow ever will be. S&P was down over 3%. Nikkei almost 6%.
Edited by Boone & Crockett 6/7/2026 05:36
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You only lose money iif you sell
