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Buxton ND | Told me back in the 1980's to watch RICE. Rice is much more of a food staple then wheat. When someone older and wiser then I,,,been there, done that longer then I tells me someone I listen...... This is the same guy I've learned alot about the markets of the 1970's from, he has a great memory and I've double checked his memory on the my charts.
Rice has been on a rally since May, when most other markets have been flushed, as I type its on LIFE OF CONTRACT HIGHS, pretty dam impressive compared to other markets.
Now I could make a pretty good case that RICE got the wheat market rockin and rollin in the boom years.
Could make that same case with crude, where rice rallied long before crude.
Rice was in a up trend til May of 2014, one of the last to crash and now the first to rally ? ? ?
So whatever it is that got rice rolling at least SOMETHING HAS RALLIED.
If they dont eat rice, will they eat bread ? ? ? | |
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Inspections question
