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Ned Schmidt: A close look at the agricultural sector

Cory
July 13, 2017

A sector that we do not cover on a regular basis but garners a number of comments, especially when it is breaking out as it is this year, is the agricultural sector. Ned Schmidt writes a newsletter called the Argi-Food Value View which is focused on the agricultural industry and investment opportunities. As mentioned Ned’s agricultural index is breaking to new all time highs. He thinks this is only the beginning.

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Discussion
16 Comments
    Jul 13, 2017 13:08 AM

    GDX getting ready to waterfall. $usdjpy and Dow should correspondingly surge upwards into the wild blue yonder.

      b
      Jul 13, 2017 13:02 AM

      Think Jordan mentioned that possibility yesterday.
      Actually he has been saying the same thing for awhile now, the last 3-4 emails I got anyway.
      Not specifically as Im sure there might be someone wants to jump on that statement but overall.

      We may have seen the lousy sentiment bounce, maybe its got to get alot worse.

      Even more unthinkable, maybe people choosing what is money are choosing digital.

      That would be hilarious, if the states knew that was going to happen all along and dumped it all knowing russia/china was going to end up owning a bunch of pointless metal. lol

      Well, would make a good book.

    Jul 13, 2017 13:32 AM

    Thanks for having NED

    Jul 13, 2017 13:33 AM

    Land prices heading higher ..per Chartster

      Jul 13, 2017 13:21 AM

      Yes, great insights from Ned today.

    Jul 13, 2017 13:39 AM

    40% of interest paid on EXCESS reserves paid to foreign banks…zh

      Jul 13, 2017 13:39 AM

      What the heck

      Jul 13, 2017 13:41 AM

      That would be Fed excess

        Jul 13, 2017 13:26 AM

        The only thing missing from the Fed hearing today was, Bozo the clown riding a unicycle juggling a can of play-doh, a gold bar and a hand grenade.
        Yellen says, on behalf of the fed owners and my self, ” thanks for playing along!”
        What a dog and pony show..

          Jul 13, 2017 13:39 AM

          Same three ring circus , with Dumbo on the high wire

    Jul 13, 2017 13:57 AM

    looking back at the monthly chart for gld, since inception there have only been two gaps–one between the 2nd and third month of its existence back in 2004 and in 2007. The first gap was filled the next month. The one in 2007 was filled about a year later during the 2008 crash.

    We currently have a gap between last month’s candle and this month’s candle. Strong odds are GLD rallies back to 117.91 by the end of this month, or in August. More remote is the chance that the gap is filled months out, like in 2007-2008. The least likely is the chance that the gap remains for the rest of time.

    Thought I would post something that wasn’t complete doom and gloom for PMs.

    CFS
    Jul 13, 2017 13:37 AM

    Actually I believe Ned is partly right, partly wrong.

    I’m expecting Sugar, which is a preservative, and Coffee and Cocoa to outperform the grains and meats.
    That is not saying grains and meats won’t perform well.

    CFS
    Jul 13, 2017 13:43 AM

    This is a couple of months old but of interest:

    https://youtu.be/mUUVMQZb7fw

    Jul 13, 2017 13:48 AM

    130 Milk cows shipped to Qutar ….zh yesterday?

      Jul 13, 2017 13:50 AM

      Getting ready to go American style “steak and shake”

        Jul 13, 2017 13:53 AM

        Short camel milk