Bernanke must be smoking crack pipe, worrying about “inflationary pressures” and shit. Things are more expensive “thanks” to global growth, not the “i” word. We, as Americans, martyr ourselves, so that people in India can have 1 1/2 meals per day.
The Chinese have tossed their bicycles to the junkyard, where they will be melted and sold on the open market, and replaced them with BMW’s. Everyone in the world is rich, despite a liquidity “crisis” of epic proportions.
Look at the shares of [[POT]], [[MON]], [[MOS]], [[CF]], [[CMP]] and [[LNN]]. Do the shareholders of those stocks worry about [[LEH]]?
Also, don’t forget about good ol’ [[X]]. That fucker is booking: I said booking, mind you, to $300.
Everything that can be eaten or smelted is to be bought, with impunity, for eternity.
At the end of the day, if a “bag o’ rice” costs you $200, that’s damn fucking good for the rice producer, no?
Or, if gasoline costs $400 per gallon, that’s chockful of good for the oil producer, no?
That’s “global growth” kids. That’s all it is. It’s a few guy making coin, off of a bunch of lazy retards. We’re talking billions of retards (lower-middle class), people. That’s a lot of money to take.
Scavenger economics 101.
Class dismissed.
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Agreed, all Ag’s will be at 1000 soon and SMN will soon dissolve. Thank god for growth.
Good for the rice producer, good for the North Korean grave digger (until he, too, dies of starvation):
“A senior official with U.N. World Food Programme, which earlier this month warned of a food crisis in North
Korea, said that in some places the price of rice has more than doubled in a year with 1 kg costing about one-third of
the monthly salary of an average North Korean worker.”
If you want to make a pig of yourself and eat 1 cup of cooked rice every day, that will take 50% of your salary.
Go Red Soxes…fuck the Yanks
Just sold June $220 calls against about 40% of my POT. I have a feeling I’m going to regret it.
A hungry man is desperate, capable of anything. However in the age of booming emerging markets, the hunger for ag stocks is the new paradigm. You give me your MOS certificates now, or I will have to kill you.
I see no reason that ag only gains 5 or 6% a day. We all know they are worth much more. However on the next round, the bearded douchebag has no more Treasuries to exchange for thirty to one credit spikes to buy momo fuckers.
energy prices finally dipped…
and what do these bitches do? Buy tech, buy healthcare? Nope — they sell it all just when things were great.
Which probably means things still suck balls. Therefore: buy back all oil, NG, coal on this stupid shit selloff while everyone is reading negative technicals and not considering just how much money RIG and various solars are going to be printing in the years to come.
What a stupid ass market.
And what do they buy today? A has-been stock like GRMN and SNDK. Definitely retardsville.
Fly — I hope you call some brokers and blow a foghorn into the telephone. Nothing else will suffice.