Global Capital Reserves: Dollar Drag Provides Support for Grains

Tuesday, December 16, 2008

Dollar Drag Provides Support for Grains

The return of the slumping US Dollar is providing strong support today for the grains. Corn, soybeans, and wheat have all moved steadily higher from the start of the day session today.

S Benard at 10:01 AM

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S Benard: United States; I am a student of economics, financial analyst, and futures trader, specializing in agricultural commodities, and especially grains, but I also trade gold and other metals, soft commodities, treasuries, and stock index futures. I began trading spot Forex currency crosses in May 2003, and in August 2006, I met a futures trader who has been making a living in futures for more than 20 years, and he became my futures mentor. I've never looked back, and I am now head trader for Global Capital Reserves, my own firm. I also have both Bachelors and Master of Science degrees in business. I really enjoy trading futures, and hope to share my successes, a few failures, and methodologies.

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