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Buxton ND | Maize's link,,,
How many times have we heard this,that or thy other firm,bank,trading company is leaving commodities ? ? ?
Its not just just the last month or 2......
CME lower margin,less money to play,,,their trying to hold onto some volumes.
This maybe be a surprise to many,,,the money was leaving corn a full 1.5 years BEFORE the drought hit................. The big fast money came and played the E-Boom and is long long GONE. YES I track the #'s to back this fact up.
I really hate to say this,,,because it effect my bottom line and WILL effect my son's bottom line next year/s. This money piling into commodities,finding out its not all fun and games,,,then things tank and your big time long...................... Is a crystal clear carbon copy of what happened in the 1970's hay days of $6 wheat BOOM...........
This INCLUDES CRUDE,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,they said "Peak Crude" back then also............................
This has long been proven WRONG................. | |
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