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Author: Samuel robinson

Some thoughts from a floor broker….

Interest rates will be going higher!  Just think about it, as states and countries find themselves in budget deficit, they will have to pay more to borrow money because of the slippage in their ratings.  This...

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Consumption continues!

Early upside momentun was reversed due to weak macro markets and a strengthening USD. Talk from the EU has Germany balking on the Greece bailout. US gulf news has china taking 4 cargos over the next 12 days pulling front end...

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Venting in a snow storm……

Am I misreading this! This is so very wrong! I find it curious that while President Obama is adamantly against off shore drilling for our own country the good old USA, he signed an executive order to loan 2 Billion of our...

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Gold Liquidation

Gold liquidated some $75 last week to $1,045 as the Euro/USD gained momentum with Greece’s inability to their pay debt.  The $1,070 did hold very well but ultimately the selling pressure was to much and thats when you...

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Informa World Production Highlights

INFORMA WORLD PRODUCTION HIGHLIGHTS:  Brazil soybean production 66.5 mmt, up 500 tmt from last month.  Argentina soybean production 54 mmt, up 1 mmt from last month and up 22 mmt from last year.  Brazil corn...

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The Volatility Drain

Over the past two weeks we have seen an interesting battle play out on the volatility front instead of the flat price forum. The government of Mexico bought corn straddles and strangles in July-Dec while buying a 7X1 put ratio...

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export inspections

Corn inspections at 20.696 million equates to 580 TMT. This is not enough to cause front end concern. I continue to favor bear spreads with subscribers aware of my...

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Gold at crucial support levels

The gold market has sold off in recent weeks as the USD takes a serious charge against other currencies to liquidate the market from $1,158 to $1,085.  There is a huge support level at $1,070 and this should be used to...

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