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Posted On: 12/29/2017 8:36:12 AM
Post# of 27089
Re: JettLoneStar #1384
$RJA My sort of favorite fund. Jim Rogers food commodity fund. I just had what I feel was a key bear trap, a double bottom with the recent low lower than the 2016 low.
California has not had a major rain since November 26th, and forecast thru January 7th nothing major. The 2013-5 California drought spilled into the plains as this is. Still early in the rain season. but in 6 weeks Redding would have 9 inches of rain. Tough to make that up. It could though.
Much of the grains are at or under cost for farmers 3 years running now. A drought could yield spectacular gains, with little risk from here?
https://www.mercurynews.com/2017/12/14/is-cal...a-drought/
https://www.wunderground.com/cat6/us-drought-...nter-kicks
http://stockcharts.com/h-sc/ui?s=RJA&p=D&...5935627431
California has not had a major rain since November 26th, and forecast thru January 7th nothing major. The 2013-5 California drought spilled into the plains as this is. Still early in the rain season. but in 6 weeks Redding would have 9 inches of rain. Tough to make that up. It could though.
Much of the grains are at or under cost for farmers 3 years running now. A drought could yield spectacular gains, with little risk from here?
https://www.mercurynews.com/2017/12/14/is-cal...a-drought/
https://www.wunderground.com/cat6/us-drought-...nter-kicks
http://stockcharts.com/h-sc/ui?s=RJA&p=D&...5935627431
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