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Not a good day for the gold market.
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cfdr
Posted 11/2/2014 19:11 (#4157357 - in reply to #4156689)
Subject: RE: depends


My success came from the cattle market, so you know I "went for it" for many years. I like being more relaxed now too.

As for fishing, I've been spending summers in British Columbia. I made the mistake of getting into steelhead fishing. It's a fever, and there appears to be no cure. It's bad enough that I actually feel put out when the Sockeye and the Coho salmon are aggressive, because I need to take the time to land them and release them when I feel like I want my fly in the water in case a steelhead comes by. Obsessive/compulsive tendencies are just so much fun.

It's enjoyable visiting with you. I think we should watch for a cycle swing. I'm at all sure we will see one, but if we do, it will be wrenching. IMHO, corn & beans are so vulnerable that it scares me. We have increased production from the cycle high - how could we not? So far, however, I do not think we have seen any demand destruction. If Gartman is right, however, and oil falls, it would be another story. (This is not even with an economic downturn around the world.)

http://finance.yahoo.com/news/gartman-were-witnessing-end-oil-22142...
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