Look at sugar in 1995 (time of the Interview) and where it went :D
Still a great interview though. Fun to look at market analysis from way back and seeing how it turned out.
This is the guy who drove Citi into the ground. He's making some precious observations, it's good to know Wall St. learned their lesson: "The complexity of derivatives has become ... too complex!" Wow!
I almost spit out my coffee.
Also watch him as he let's us know he's a "big fan of the...
Seriously, you need to lay off the tinfoil hat.
Have you ever been to the US? It's a pretty damn good place to live in -- minus the taxes and crime. The cost of living is low, the standard of living is very high. The availability of high quality products and services is phenomenal and...
It's funny the gold bugs keep pumping their holy metal in EMPLOYMENT threads! There may be many reasons to buy gold but protracted high unemployment is not one of them.
Thank God Rogers is now pumping sugar again :cool:
http://www.bloomberg.com/avp/avp.htm?N=av&T=Rogers%20Sees%20Sugar%20%60Bull%20Market%27%20on%20Asia%2C%20Biofuel%20Demand&clipSRC=mms://media2.bloomberg.com/cache/v7.RdqBBBLo0.asf
We may getting within spitting distance of the "Bloomberg top" for Sugar. Up another 5% today (OCT).
http://www.bloomberg.com/apps/news?pid=20601109&sid=aqgoeDfgm48g
Wasn't he on the wire just a week ago how he believes commodity prices will rally through 2010? I remember that day well because everything from copper, sugar to wheat had a +3%/+4% day.
Where does it say the Fed will buy $237bln + $300bln = $537bln of debt?
The Fed has pledged to buy as much as $300 billion in Treasurys by autumn. It has already purchased about $237 billion in Treasurys.
All the "free" stuff is great but it means things are paid for by the rich and freeloaders at the bottom of the pyramid enjoy the goods and services without paying.
I came to realize many societies especially in Europe actively put safeguards into their system so people CAN NOT become...
Every country in Europe that I am aware of is treating "professional trading" capital gains as ordinary income. Even though some countries do not tax capital gains you will still have to pay (sometimes sizable) income taxes, depending on how much in trading gains you have.
Liechtenstein...