Posted 9/11/2014 13:19 (#4068739 - in reply to #4068694) Subject: RE: Ok so at what price do you guys see a bottom?
wsnhmr - 9/11/2014 13:01 Adjusted for inflation we are getting cheap for historical levels..1.00 in 1980 is equal to 2.89 in 2014,not much buying power left
The 1986-87 futures low of $1.42 equals about $3.09 today. At 65% ending stocks/use ratio, vs. approximately 15% forecasted today. Just how burdensome is this?
Ok so at what price do you guys see a bottom?
