The seemingly endless speculation about whether the Fed will raise interest rates is getting old. The Federal Reserve has telegraphed a long-awaited move off “zero” for months now, only to disappoint again and again –… Read More
Investing in the New Gold: Protein
The need for food is unrelenting and universal. It has been the force behind mass migrations and wars. English cleric and scholar Thomas Malthus (1766-1834) was fascinated by the relationship between population and food. He… Read More
“Godzilla” El Niño Getting Stronger
The El Niño weather event BMTA examined in our last Alert (click here to re-read) is getting even stronger. Some scientists have increased the probability of a strong El Niño this year to 90%. Other… Read More
El Niño Power-Pak: How to Play Perhaps the Strongest Weather Event in Years
Nobody likes commodities right now. A strong dollar and weakness in China – the world’s largest commodity importer – have weighed heavily on nearly all things that come from the ground. But the thing the… Read More
How Low Will the Euro Go?
Europe and the euro are living on borrowed time. Greece may dominate the conversation now, but it is just a symptom of a larger, structural flaw that threatens the long-term survival of both the European… Read More
Bonds Are Almost Out of Gas…
Most analysts will agree that the “gas” or fuel behind the incredible 6-year rally in bonds (and equities!) is the Fed’s zero interest rate policy or ZIRP. ZIRP means that any cash invested in safe,… Read More
Exit Bullish Coffee Positions & Wait for Next Signal
Not every trade works out the way we expect. This is why we try to establish “risk points” before we enter a trade. While we still believe there are “2.75 billion reasons to buy coffee”,… Read More
2.75 Billion Reasons to Buy Coffee
Combine the populations of China, India and Indonesia and you get more than 2.75 billion reasons to be bullish coffee. Add in Vietnam, Bangladesh, Sri Lanka and the rest of Asia and the numbers easily… Read More
Silver Charts Look Good
Is silver finally bottoming? We believe it may be. RMB has been on alert for a bottom in silver since the beginning of the year when we recommended limited risk bullish spread positions using July… Read More
Downside Target Hit In 30-Year T-Bonds
What happens when “crowded trades” lose their mojo? We are witnessing two classic examples in both the Euro and US Treasury market. Long bonds and short euro were considered “sure bets” not too long ago… Read More