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Weekly Market Close with Chris Temple

Big Al
February 5, 2016

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The DJIA; S&P and Nasdaq all go negative. Gold, on the other hand continues its weekly upward movement.

Discussion
22 Comments
    Feb 05, 2016 05:32 PM

    Al- I posted this earlier in response to your requests for questions, but in case you missed i while you were out, here it is again. Hope these questions are useful.

    Question for you. Seems like there is almost no discussion of agriculture commodities on the show, but it looks like they are bottoming as well and could rise sharply with the rest of commodities and, IMHO at least, pending large price inflation over the next few years.

    Can you please have some guests on to discuss this space and some companies and ETFs in the space.

    I am especially interested in leveraged ETFs, which could also be a great segment for the show. Of course one has to be careful with them due to volatility, however if one catches a segment like gold, oil, etc. at the bottom or near a bottom, the “decay” people speak of in leveraged ETFs should not be a factor over many months or even years of a bull market (if the sector stagnates or declines however the leverage gets nasty).

    IMO if precious metals, agriculture commodities and oil are about to bottom or have bottomed, a small investment in leveraged ETFs in these spaces could pay off enormously over the next few years.

    Can you please address these two areas in some shows? 1) Agricultural commodities and related companies and ETFs and 2) The use of leveraged ETFs specifically when we’re approaching a bottom in some major sectors

      Feb 05, 2016 05:19 PM

      Sorry, this week absolutely for sure.

      Al

        Feb 05, 2016 05:46 PM

        No apology needed….thanks!

      Feb 06, 2016 06:43 AM

      Great suggestion JayT. I trade and invest in Agricultural funds, ETFs, and individual Agricultural stocks, Fertilizer/Chemical stocks, and related vehicles.

      The soft commodities don’t usually get the spot lights (unless there is supply disruption, and then it is fleeting interest). I believe the Potash industry has just been decimated in the last few years, plants are closing, and they are bottoming along with the rest of the commodity sector. Some soft commodities may already have or currently are bottoming. This would be a fun topic to hear the KER crew debate.

    CFS
    Feb 05, 2016 05:46 PM

    Jay,
    It is interesting that China is buying gold (of course) but it is also buying land and agrochemical companies. E.g. Syngenta.

      Feb 05, 2016 05:00 PM

      Good point. I hear Ned Schmidt once in awhile and he’s pointed out some very bullish trends for ag and food companies for the next few years.

      I haven’t looked into this sector much, but I think it’s one we need to take a good look at

          Feb 05, 2016 05:13 PM

          Thanks CFS

            Feb 05, 2016 05:04 PM

            Ned Schmidt would be a good guest for the show. Based on limited research, my preference for agriculture would be either individual stocks or the MOO etf. That way you avoid the tracking error of commodity ETFs, the counterparty risk of ETNs, and the decay of leveraged ETFs — which can be substantial, even in a bull market.

    Feb 05, 2016 05:01 PM

    CFS….China is NOT pissing about….unlike the west…They are buying what will guarantee their future,

    Feb 05, 2016 05:12 PM

    Nazis were able to achieve 100% employment in their concentration resorts.

    CFS
    Feb 05, 2016 05:16 PM
    CFS
    Feb 05, 2016 05:22 PM

    I remember visiting Rumania in the 1980’s. A county with full employment.
    I looked out of my hotel window to see five or six women walking in echelon (Arrow-shape), sweeping the road, sending dirt to the gutters.
    The country was too poor to have many cars, but there was full employment!

    CFS
    Feb 05, 2016 05:50 PM

    Obama probably believes totally in the true socialist ideal of equality for the people.

    (As long as he can takes endless junkets on Air Force One.)

    CFS
    Feb 05, 2016 05:26 PM

    heeconomiccollapseblog.com/archives/22-signs-that-the-global-economic-turmoil-we-have-seen-so-far-in-2016-is-just-the-beginning

    CFS
    Feb 05, 2016 05:00 PM

    It took a very high volume to take down gold today:

    http://www.theaureport.com/

    Run your cursor over the chart on the righthand side of the page and watch the volume.

    This was atypical for a takedown, in that it did not occur at a low volume period e.g. the middle of the night.

    Feb 05, 2016 05:31 PM

    S&P closed at exactly 1880 somehow after bouncing just under that for quite some time. Some special powers controlling the close.