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It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning. Henry Ford


Those who surrender freedom for security will not have, nor do they deserve, either one. Benjamin Franklin
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The idea that you know what is true is dangerous, for it keeps you imprisoned in the mind. It is when you do not know, that you are free to investigate. ~ Nisargadatta Maharaj


Monday, 8 February 2010

soft softs ?


Many years ago,in a previous incarnation.I worked for a cocoa-trading firm,but left for what seemed like the more fertile fields of Japanese equities....enough said !
Cocoa has been the stronger performer of the 2 "exotic" soft commodities but the current chart adds to the cautious picture suggested by recent coffee weakness.One day when every Chinese consumer takes a Mars bar to work this uptrend will resume but for now the trend has reversed.

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