|
| good news, ja, to those who wait on grains to increase in value.
Been waiting and reading and waiting some more till finally today I see..
One week and further out the interest rates just shot UP in China. Remember a while back when I hinted about a rally around Christmas time? I might be off a bit.
Chinese gave us a whopper of a gift on Christmas day in 2011 when they raised rates-corn up .41 and soys up .55.
Look, when China raises their interest rates the consequence is their yuan appreciates faster.
Like I always say, it is a global market, ja. If the funds can bust gold below 1210, in a few days when China backs off it, it might be a good time to buy.
Gottlieb
Edited by Gottlieb 12/19/2013 09:33
| |
|