Category Archives: Commodities

Correction Time? Now or Never…

Posted on February 20, 2013 by macromon

The S&P500 had its worst daily decline for the year.  The VIX spiked over 19 percent, its biggest 1-day increase in 2013.  The dollar index closed at its highest level since November 16th,  which was the day the S&P500 bottomed … Continue reading →

Posted in Commodities, Dollar, Equities, Gold | Tagged , , , , , | 4 Comments

QE3 Will Complicate Global Food Crisis

Posted on September 13, 2012 by macromon

There is no doubt in our minds that some of the QE3 liquidity will leak into agricultural commodities.  In addition, a portfolio reallocation will take place as investors look to protect their purchasing power through buying finite “things.” This will … Continue reading →

Posted in Commodities, Demographics, Geopolitical, Inflation/Deflation, Monetary Policy, Video | Tagged , , | Leave a comment

Fed Ready to Fire Up the Printing Press

Posted on September 1, 2012 by macromon

As we assess the benefits and costs of alternative policy approaches, though, we must not lose sight of the daunting economic challenges that confront our nation. The stagnation of the labor market in particular is a grave concern not only … Continue reading →

Posted in Commodities, Monetary Policy | Tagged , , | 2 Comments

Parabolic Moves and Gold

Posted on July 22, 2012 by macromon

The Fed finds itself extremely unlucky once again as it talks up quantitative easing while food prices, mainly wheat and corn,  are making a parabolic and historic move as crops suffer from extreme drought.   You can’t prove causation with … Continue reading →

Posted in Black Swan Watch, Commodities, Gold, Inflation/Deflation | Tagged , , , , , | 1 Comment

The Next Hot “Emerging Market”

Posted on July 7, 2012 by macromon

NASA just released new pictures of what we think will be the next hot emerging market.  The picture wreaks of resources that can feed China and the developed world’s  insatiable demand for commodities.   It may take a few years but … Continue reading →

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The Ideal Portfolio: Gold, Sugar, Bunds & Francs

Posted on July 2, 2012 by macromon

Imagine your investment adviser proposing a sweetened barbell portfolio of gold, white sugar, Swiss francs, and German bunds in 2007 with a 5-year time horizon.   You would of likely canned the wacko faster than they sold Nike stock last week. … Continue reading →

Posted in Bonds, Commodities, Currency, Dollar | Tagged , , , | Leave a comment

Reuters – Top Five Risks to China’s Economy

Posted on June 5, 2012 by macromon

(click here if video is not observable)

Posted in Black Swan Watch, China, Commodities, Sovereign Debt, Sovereign Risk | Tagged , | Leave a comment

Europe’s Other Oil Crisis

Posted on May 28, 2012 by macromon

An EU strategic olive oil reserve to support prices (1:05 minutes into video). (click here if video is not observable)

Posted in Black Swan Watch, Commodities, PIIGS | Tagged , , , , | Leave a comment

Commodities in the Kamode

Posted on May 23, 2012 by macromon

Commodities are breaking hard.  Who knows where they bounce, but it does feel a bit overdone here.  Note the chart illustrates when the CRB is this oversold — an RSI reading of around 20 — it sets up for a … Continue reading →

Posted in Black Swan Watch, BRICs, China, Commodities, Crude Oil | Tagged , , | Leave a comment

Dropping Like a BRIC: Bovespa Turns Negative For Year

Posted on May 15, 2012 by macromon

After leading global equity markets for the first two months of the year,  the Brazilian Bovespa has fallen like a BRIC since hitting its 68,970 high on March 14th.  We noted the index broke its 200-day yesterday and with today’s … Continue reading →

Posted in Black Swan Watch, BRICs, Commodities | Tagged , , , , | 5 Comments