Posted 2/10/2019 21:49 (#7312319 - in reply to #7312248) Subject: RE: Avoiding Stock Market Timing
Caught the tail end of a radio program the other day about a discussion involving that very same thing you just mentioned. Buy hard assests was the common theme. One of the justifications of a coming meltdown was the fact that there is a carry in the grain market. The idea that corn/soy/wheat was more expensive in the future contracts was proof that those in the “know” knew a problem was coming. Well all that tells me is those gold bugs really have lost connection with reality and how pricing commodities actually works. So you may want to get a different perspective.
Edit: They did not use the words market carry and had no idea what the current grain pricing structure means regarding market demand and storage and how grains are priced. Rather it was just the idea that future prices were higher meant a problem coming.