Happy or Terrible?
Let's hope for a "Happy Tuesday".
Just a few items for you to review. First, this great article from Alisdair Macleod which covers some of the same territory that Trader Dan plowed over the weekend. http://alasdairmacleod.blogspot.com/2012/07/managed-money-positions-on-us-futures.html
Speaking of Trader Dan, he was talking about the grains today: http://www.traderdannorcini.blogspot.com/2012/07/grain-index-approaching-2008-peak.html. And so was ZeroHedge: http://www.zerohedge.com/news/putting-corn-harvest-drought-and-flood-context
Santa's pal Eric has written an interesting piece where he discusses several of the CoT trends that we've been covering ad nauseam here. http://edegrootinsights.blogspot.ca/2012/07/this-major-fed-move-is-about-to-create.html
And the LIEbor scandal continues to grow. HEEHEEHAHA! Just for fun, here are two articles which mention two of the primary forces behind The Evil Empire, JPM and HBSC.
Lastly, one final bit of fun from FreedomFest. While I was strolling the floor on Thursday, I ran into Kerry Lutz of the Financial Survival Network. He asked if I could spare a few minutes and I gladly obliged. Here's the link to the 5-6 minute interview. http://financialsurvivalnetwork.com/2012/07/turd-ferguson-everyone-should-be-buying-precious-metals/
That's it for now. Regardless of paper price shenanigans, I hope you personally have a Happy Tuesday!