Saturday, October 3, 2015

Opportunities in Commodity Currencies: Brazilian Real, Sugar, Coffee

Not long ago a major investment bank coined the phrase emerging “BRIC” countries (Brazil, Russia, India and China).  Well let's fast forward to the present and we have the BRICs crumbling and their currencies collapsing!!  
In this piece we will focus on Brazilian Real and its effect on COFFEE and SUGAR prices.  Let’s turn to the charts to plot our next move:  

Brazilian Real Futures - Weekly 

Sugar Futures - Weekly

Coffee Futures - Weekly

All charts provided by QST


Once the Brazilian Real bottoms we expect a rapid price increase in both Coffee and Sugar!! When the Brazilian Real bottoms be ready to establish longs in Coffee and Sugar with accompanying protective sell stops , since the bounce could happen rapidly.

Six Gold Companies Could Create Exceptional Wealth: ICG, PGLC, KOR, NUG, RD, CGJ

The Gold Report: In your last interview with The Gold Report, you said that a Federal Reserve interest rate hike would be the best thing for gold. As we now know, the board decided to keep rates at almost zero. How does that impact your projections for precious metals?
Jeb Handwerger: It was almost a done deal that the Fed was going to raise interest rates in September, but then the Chinese market began to crash and just the threat of raising interest rates caused a price decline in the S&P 500, the likes of which we haven't seen in a long time. It was a record drop, breaking a major four-year uptrend and forming a technical bearish pattern. The Fed announced on Sept. 17, when it was expected to raise interest rates for the first time since 2006, that it is uncertain about the economy, that the equity markets are too volatile, and that there are too many dangers of another recession. Now the Fed is doing whatever it can to prevent a recession. (more)

Jeff Berwick on The Guerrilla Economist on Impending Financial Crisis, WWIII and Dead Bankers

Jeff is interviewed by VGuerilla, the Guerrilla Economist, ‘”V” is a “guerrilla economist” who has worked for some of the top commodity trading firms and investment banks. He also contributed to private think tanks that help create investment policy.’ Topics include: Jeff’s origins in Canada and the genesis of, some very good calls and predictions, where are the people awakening the most? USA has some of the most brainwashed and least free people in the world, expatriation to Mexico, Central and South America, The Shemitah cycles, religion vs spirituality, massive increase in debt since 2008, interest rate deadlock, impending market crash this fall, unprecedented economic situation, low supplies of physical gold and silver, Russia moving away from US dollar trade, potential for world war 3, massive explosions at strategic locations in China, massive dumping of US securities, attempts to hide US govt debt, the BRICS nations do not need the USA!

Why The Collapse Of Saudi Arabia Is Inevitable

By Nafeez Ahmed at Middle East Eye
On Tuesday 22 September, Middle East Eye broke the story of a senior member of the Saudi royal family calling for a “change” in leadership to fend off the kingdom’s collapse.
In a letter circulated among Saudi princes, its author, a grandson of the late King Abdulaziz Ibn Saud, blamed incumbent King Salman for creating unprecedented problems that endangered the monarchy’s continued survival.
“We will not be able to stop the draining of money, the political adolescence, and the military risks unless we change the methods of decision making, even if that implied changing the king himself,” warned the letter. (more)