In perusing all the various commodity charts after hours, I've realized that there isn't a single commodity future that hasn't bottomed in the past few days and weeks. This is the chart for perhaps the most famous of commodity futures to a novice or non-trader -- pork bellies! Needless to say, this chart doesn't just show a bottom; it shows a bull market! (By the way, pork bellies are what bacon is made of!)
Showing posts with label pork bellies. Show all posts
Showing posts with label pork bellies. Show all posts
Tuesday, March 17, 2009
Heeeeere Comes Inflation: All Commodities Have Now Bottomed
In perusing all the various commodity charts after hours, I've realized that there isn't a single commodity future that hasn't bottomed in the past few days and weeks. This is the chart for perhaps the most famous of commodity futures to a novice or non-trader -- pork bellies! Needless to say, this chart doesn't just show a bottom; it shows a bull market! (By the way, pork bellies are what bacon is made of!)
Labels:
commodities,
pork bellies
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