Saturday, May 7, 2011
US dollar versus Wheat - Chart comparison's
Here are a couple of charts to help compare the US dollar and wheat. Can you make an arguement that we have seen the low in the US dollar and the high in many of the grains like wheat? I remember the saying trade on the wheat and sleep on the street; so I don't venture to guess; as we could be in just a head fake to get the weak longs/shorts out of the market. But I would guess that the highs of the grains and commodities in general end up happening within a month or two if not at the same time as when the US dollar puts it what after the fact is found out to be lows.