This page has been archived and commenting is disabled.
Rice Closes Limit Up
Stocks closed nicely up, and why not: the investing public which is now bored with any revolution longer than 15 minutes did not see things burning, people getting shot or buildings getting blown up (and there was that whole Flip That Bond thing earlier) so it makes all the sense in the world. Yet a far more notable move was that of Rice, which traded more or less as expected earlier in the day. As can be seen on the chart below, RRH jumped by 50 cents, the maximum allowed before a limit up lock, to close $15.51 on the CBOT, which is 5.5 cents away from the one year high. We are fairly confident that tomorrow we will see a new 52 week high, as evil, evil speculators decide to go for the ultimate PBOC put. But before that happens, if we are correct that the world's spec crowd will test the inflationary equivalent of the global Bernanke put, it will go far higher. And when Al Jazeera starts sending riot pictures not from Egypt, but from the heart of Asia (consumption data here), we are 100% confident it will get very messy, very quick.
»
- 14435 reads
- Printer-friendly version
- Send to friend
- advertisements -
And many countries are trying to buy a lot more than they bought last year...call it hoarding...or getting in while the getting is good....
I thought the Pharoh said to store 7 years worth against either the bad times or Goldman Suchs.
Paper food ETF DBA closed up again, +/- $34.29.
I did not check CORN.
but Do, my bloomberg app, has Rice as RRA, but tyler has it written up above as RRH. what am i missing?
Different quote systems use different letters. The esignal uses qrr h1 for the combined pit and machine, zr h1 for the pit prices. mpw
Pharaoh now contracts with Goldie to store and provide the grain as necessary. Goldie furnishes population control and precious metals storage services as an additional benefit. There are occasional unintended consequences.
Put a whole new spin on the term - rice burners
or you could think of it this way - The World has to many (rice Burners) and we have ways to lower the total - as was always the plan
TD is correct - its going to hurt
All part of The Bernank's genocide agenda.
Bernake's "false flag" is the stock market rally. It feels so good .....until Sunday morning.
I don't know of that many fellow Christians that eat all that much rice. So I don't really care.
I have not see Devout R have many nice things to say. I doubt he is similar to his moniker.
Everyone SHOULD care! Higher rice means higher grains. Check out the chart on DBA (a food ETF).
I believe Red Neck has become Devout.
He got ya.
Nice, typical leftist set up a puppet to project your hatred and vitriol through. No Christian feels like that and your incredibly inept puppeteering is indicative of your nihilist ennui and longing for unthinking oblivion, may it be granted soon. In other words, no one is fooled idiot..
well said,,,,,, but the leftist part has nuthin to do with it
The Leftism seems to run part and parcel with projection imo.. Can it be proven no, but I would wager on it..
I resent your insinuation that I may be a "Leftist".
I do not waste my my time with introspection. Additionally I am a Football and Nascar fan.
Palin 2012!
Okay, I cannot prove it after all, how about a projecting puppeteer, can we agree on that?
You should know better than to feed the trolls....
Such a fat troll, I don't know how you squeezed yourself into this thread.
right, like wagering war against fictional WMDs... both sides lie to mask their agendas
Anyone with the Spirit of God residing in their heart could not be so cavalier about the main food type for so many. So, you must be some sort of troll, representing yourself as something you are not. Kinda like a deceiver, and we know who is the father of deceivers and liars.
I`m thinking he might be The Anti Christ! Does he have the mark of the beastr or work for JPM?
You sure you want to associate the name 'Christian' with your comments?
If you drink Bud, Michelob, or other AB beers you are drinking your rice. It is used in brewing by several breweries as base starch for beer. mpw
Have been lurking. First post.
Would like to point out, however - that technically speaking, "beer" derived from Rice isn't beer. Barley, Hops, Yeast, Water.
And what's the deal with "light" beer? Watered down... watery "beer". Hm.
The rice is cooked.
One Bernanke dropping ruins the whole pot of rice porridge.
Coarse rice for food, water to drink, and the bended arm for a pillow - happiness may be enjoyed even in these. - Confucius
Talk doesn't cook rice, but paper can make it expensive.
hey dick head. i eat, and i mean i eat a lot of my BLOKs chews. they have rice in them. really tasty, so i am going to stock pile boxes of these, cause they are real light. just to let others know. put out by CLIF though, that is too bad†
Rice-a-roni bitchez... courtesy of the San Francisco fed.
+1
With Bernanke at the helm of his Failboat, opening of the commodity pits is now greeted with the announcement of 'color coming in.'
Now would be a good time to top off your food storage supplies. In all reality, the food problem will only get worse. One look at Australia and South America should be enough to convince even the hardcore "consumer" that there is going to be a lot of volatility in food in the very near future.
Whats up with that cyclone about to beat the shit out of Queensland?
Correct me if I am wrong, but I believe this will be the second hurricane to schwack them. This one is going to be a monster Cat 4 or 5 before it hits. Get ready for more destruction. Man, these poor bastards can't seem to catch a break.
aren't they still flooded?? will they be able to surf in their kitchens??
Wow! 8 metre swell from category 4 Tropical Cyclone Yasi.
Kirra, Lennox Head, Burleigh, etc etc etc for hundreds of km south, all time!
But yes, it is very wet in Queensland.
Lennox is my birthland, even knew Pete of Lennox and Shalom takeaway back in the 80's.
This ones going to hurt the miners/ farmers, more than you can imagine\.
Makes Katrina of August 2005 look a slim and petite lass.
For a ring side view go here and bookmark.http://www.goes.noaa.gov/sohemi/sohemiloops/shirgmscol.html
500miles of death
But the waves will be good. They might even reach us way down south, clean and powerful.
Thank the gods.
Retail prices for ground beef were 8.8 percent more expensive in December than a year ago, government data show. The cost of meat this year will rise faster than total food inflation, the USDA projects
Yes, but thanks to the substitution of grass clippings and sleet for meat, the CPI is still flashing deflation
Yup. A lot of this agflation could be cured by cutting the ethanol subsidy. Also, outside China, there's no serious wage inflation.
Bernanke considers melamine a substitute for beef, even though we know the CPI doesn't include any of life's necessities.
They used to used grains to "extend" the meat....not anymore..the grains are more expensive....
they used to use "mechanically reclaimed" meat for pet food, but not any more - moving up the food chain friends, it's in many "cheap" human supermarket products now.
now the pets get "by-products" - stuff like ground feathers, beaks, and well, you can't imagine. . .
Taco Bell is 35% screwed if this happens!
Not the Taco bell beef my friend.Buck tacos for all!
How many ZH'ers have 1, 3, 6 + month food supply?
How about lead projectile devices?
Cash and PM's (coins?) on hand?
Just curious how many are truly buying insurance against this thing going off the rails vs. those upset but taking no action?
I wonder how high COST will go? And how long this will last:
http://www.costco.com/Browse/Product.aspx?Prodid=11487214&search=emergen...
Has anybody tried this stuff?
Nutritional data:
http://www.costco.com/Images/Content/Misc/PDF/443250n.pdf
Stuffed Squid
http://www.youtube.com/watch?v=HQQxU52Tyf4
If you look closely, it offers textured vegetable protein or something instead of meat. Veggie bacon. You can do better on your own.
Yes. I like the freeze dried mangoes and really like the pineapple. The berry varieties not so much but okay mixed with cereal and some milk. Cheesy Bastard is right about the vegetable protein but they do have some real meats freeze dried. The dehydrated bananas are better then the freeze dried. Go to "Thrive Food Storage". A mixture of canned goods, freeze dried, dry goods and garden should hold for awhile.
Thanks - bottom line it for me, are you any better off doing this than just stocking up on more typical canned and boxed goods at Costco?
My one year old loves the freeze dried fruits. No preservatives and a great traveling snack. And if you don't use it now, it will store 30 to 40 years. Canned goods are good because they come with there own moisture, freeze dried/dehydrated because of long shelf life and light weight, dry goods because of low cost. Is gold better to have then silver or is silver better then gold? I choose to have both.
Hambone, I wouldnt go that route unless you have more money than time and just want a generic in place solution. My own preps consist of a pantry with about 60 days of everyday foodstufs in cans and dry packaging (plus freezer stuff), followed by a year of drygoods packed in 5 gallon buckets and mylar bags. Mostly wheat (red winter), oats, rice, beans, sugar, salt, flour (packed lasts 18 months, so rotate often) and other dehydrated fruits/veggies. For the amount of money you spend on Costco pre-packed stuff, you can d o better. Store what you eat and eat what you store. Check out LDS for recommended quantities based on number of people you are planning to feed.
My next project is to convert my 2500 gallon koi pond into an aquaponic system that can support fresh greens and tilapia to eat. This is to supplement the rabbits and the goats for protein.
Good luck. If you would rather just have something stored now, then go with the Cotsco pack and supplement latter.
Growing your own is the way to go if you have the land:
http://www.motherearthnews.com/Do-It-Yourself/2004-12-01/Build-a-Basement-Root-Cellar.aspx
http://butcherachicken.blogspot.com/
http://gardening.about.com/od/totallytomatoes/ss/TomatoSeeds.htm
http://www.pestproducts.com/gallery.htm
http://www.ipm.iastate.edu/ipm/iiin/iowaantguide.html
http://davesgarden.com/
http://home.shop.ebay.com/Greenhouses-Terrariums-/42153/i.html?_armrs=1&_mdo=Home-Garden&_mspp=&_pcats=75603%2C159912%2C11700
http://growinginstructions.com/VegetablesMainList.html
Guide To Vegetable Culture Fact Sheets
http://www.arhomeandgarden.org/master_gardener.htm
http://survivalblog.com/
http://www.tinkersgardens.com/vegetables/corn.asp
http://www.njfarmfresh.rutgers.edu/gardening-factsheets.htm
http://www.vegetablegardener.com/item/2777/a-freestanding-tomato-trellis-improves-yields-and-keeps-the-garden-neat
http://www.vegetablegardener.com/item/3583/how-to-grow-beefsteak-tomatoes
http://www.gardenguides.com/91475-make-bird-seed-sunflowers.html
http://www.wildlifeseeds.com/info/usazonemap.html
2 month supply, replenished as consumed,
1 gun, plenty o' ammo
Silver and gold
Germinating this summer's crops now - gathered my own seeds from home grown produce.
Just need to stock up on more water and pads for me ladies.
Cairo is your model. You are such a looser.
Loser how? I use all of the food I have in storage even if supply shortages do not happen. Having a good firearm and plenty of ammo is good for my semi rural area anyway. Silver and gold have netted me more profit than any other "investment" I have ever made (401K, IRA, Home, Savings account, mutual funds, etc.) and it is a shit load more liquid than the paper tiger games.
Growing my own food is fun for me and my daughters and the food tastes really damn good. The plants also provide beautiful landscaping to my other 100 specie of plants in my garden and I love to smoke the tobacco I grow.
Pads? Jesus, I have two daughters and a young wife. The price of pads has been inreasing at crazy levels and those lady things never seem to stop bleeding and don't die. I guess maybe in Cairo the girls don't have a monthly visitor?
I agree I am a loser when it comes to winning in the games that the TV tells me to play, but I am not sure my loser status relates to my stocking of goods that I need and use.
If Cairo is the model then pay attention to the food shortages in that area already being reported. I can run out the clock for a couple of months at least, while the rest who are not prepared start starving within a week.
Thanks for junking me though...it felt great.
Good post doc.
Better teeth taraxias.
Doc you are so correct!
No, no, you misunderstand him. He called you a looser. You loose things. I loose things to. Right now, I'm loosing the hounds on william the bastard/goldenmeddelfinger.
Oh wait, no, he's just an idiotic drive by troll who can't be bothered to even read his posts before he hits submit, much less put any amount of thought into them.
Bravo Doc. Garden, guns and happy gals, we may not have it all figured out but like most contented men you and I have enough of it..
+10 man.
I get junked every time I talk about having more than two days of food in the house for cripes sake. Some folks just want to sit in their mommies basement, smoke some more hopium and hope it all goes away.
When the shit hits the fan, I will not be the one standing in line at the super duper enormous retail cavern, waiting for my turn to pay for the three cans of beets that were left when I got there.
Fuck 'em and feed 'em fish heads I say.
Of course if you admit to being prepared at all, two cans of beef stew is all it takes for the trolls to emerge.. They usually start with the we will kill you and eat your food, rape your women... blah, blah.
Don`t listen to the Bastard Rick, you seem like you have your shit together.
Don`t listen to the Bastard Rick
Don't listen to that Bastard Rick...Hey, I'm with the Doc 100%!
you spelled inreasing wrong, just saying, having all that blood around you, must of forgotten to type increasing left out the "c".
I'm not sure if it's you or somebody else who has been stressed about the price of pads recently, but may I suggest - join a warehouse club, watch the coupons in their books, and you will be surprised at the deals to be had on feminine hygiene products, even the brand names.
http://www.thefreedictionary.com/looser
loose
adj. loos·er, loos·est
1. Not fastened, restrained, or contained: loose bricks.
william you bastard, you clearly loosed that argument!
lol, no kidding. You`re quite generous to call that an argument however...
i prepped to last for 2 years and even feed my neighbors
but yesterday my lady died. For me , it all became meaningless of a sudden
please dont waste band width on condolances. The point is..its all relative
My/our thoughts are with you...
+1
Bandwidth... use it before we lose it. Sorry for your loss.
Sorry to hear of this. I'll tell ya that bandwidth is wasted on a helluva lot less important than this.
Sorry to hear of your loss. I have added you both to my prayer's. Stay strong till you see her again! God seems to take the good, while leaving the bad - seems to be a reward of sorts... least thats my view.
God bless you, I will keep you in my prayers. I will use my share of bandwith and my share of time as I see fit.
Life can be very hard, but never is it meaningless.
I am sorry for your loss.
Hang in there merehuman.
Yesterday's bandwidth is worth about the same as that empty airline seat that flew last week.
Man, that really sucks. Try and keep the faith though - you inspire others.
merehuman, from your posts I know you understand the seasons, and their inevitable changes, that no thing dies that doesn't live as memory, that presence takes many forms, and you are not alone, but all one.
so many will hold you warm in their thoughts.
Very few things better to waste my bandwidth on. As long as she is in your memory, she lives on...
It may all be relative, but we're your friends. And we wish you peace in the coming days and weeks.
Best to you, our friend merehuman!
MH - I'm really sorry. You have my condolences. Life can be really heavy.
I hope you can find friendship and commoraderie to help you know you aren't alone. I think that's part of the reason for ZH as we are all coping...but some have much heavier burdens.
Take care
C
The hell with bandwidth. I'm sorry. Nothing anybody could say would make it better, but I'm sorry. It's very odd- there's a lot of death this month among ordinary people I know and care about. One odd project I've been involved in that's helping a bit... adminstering a 1000 Memories page, when ready. Helps, a bit, to laugh and remember the good times friends/families post on it.
My 4 bedroom house is now a 3 bedroom house...with a storeroom. Local grocery puts 2.50 cans of soup on buy one get one, and then print 10 manufacturer coupons off the net for a buck off 2 cans - Its like 75% off instead of stocking up on silver at a 10 to 15% premium. If the food runs up on expiry dates, I'll donate it to the soup kitchen a few years from now and write it off as cheap insurance. But don't forget a generator, maybe a water filtration system as well - the Gravidyn runs around $200 bucks, but you get about 30,000 gallons off one set of filters.
Canned food can last almost indefinitely.
True.
http://www.grandpappy.info/hshelff.htm
thanks for the link. My thoughts are more along the lines of the potential need for canned foods ideally being resolved one way or the other prior to the stated expiry.
Teach yourself how to make good colloidal silver.
I like the Berkey royal better than the Katadyn. Bigger capacity for about $250 FRNs.
Used to have it all, but lost it in a boating accident in the Gobi.
I hope that these accidents don't keep happening.
3 month supply, family of 4, 25 year shelf life.
Also have a full freezer, plenty of canned goods, plenty of staples, probably gives me another month to the above if I had to go cold turkey right now.
5K small game rounds, 1K big game rounds, 1K defensive rounds, carry 357Sig all day, every day. I don't carry extra mags though (have 2 in a belt carrier/+2 more in the safe) - no round chambered (not that worried yet). 1 full sized backup in 357Sig, 2 45APC backups. Holsters for all 4.
76% assets in cash or PMs.
[edit]- forgot the generator (already used it a bunch of times - neighborhood had no power for a week last spring - kept my and my neighbors fridges and freezers cold for the duration) - and the water - filters plus 80 gallons in the basement in 5 gallon rigs.
Wow you guys put me to shame! Although I`m in Canada so guns are not much of an option beside hunting rifles.
6+ mo.'s food
Katadyn Water Filter (Expedition size)
many oz.'s of silver
5.56, 7.62, .308 lead
Gas generator, stove & heater
+6 months supplies on hand including water and TP.
We have, for years, grown and canned our annual food supply - we have, for years, loaded our own lead projectiles - we have, for years, bought those items we cannot grow or harvest ourselves in bulk when on sale. A minimum of a years supply of everything above and more. Home is set up to live off the grid in case of extended power outages, no problem there. No metals but lots of skill and barter materials. We are not 'preppers', this has been our lifestyle for over 20 years. Nice ya'll are catchin' on finally...
What he said, except for the "set up to live off the grid" part. We're off-grid now. What's a "prepper", btw?
"Prepper" = almost survivalist.
you've got it down Trying!
as to the "metals" - ponder all those who HAVE the metals and intend to trade 'em in for foods, etc.
someone will be on the receiving end of that trade, eh? *wink*
You can review my posts going months back! Storing food, guns, clothing...of course getting called 'crazy' a lot but here we are! World food crisis, bitchez!
weed, don't forget this commodity†
Indeed that will always be worth something.
Might make you eat more food though...
6 months food, rotating monthly to keep quality up; Berkey water filter, with 50g stored (on large river, or we'd store more); chickens, goats (angora goats, & carder, spinning wheels, etc.); networked local community includes a dozen gardens of variable size, some cows, small cheese making, 2 beekeepers working hard at healthy hives, "farmer's markets" that can rotate from property to property, resourceful, creative friends.
been bartering & sharing for years, have trusted networks *here* and *other* places should a move seem smart. . .
there are networks of aware people that understand "community" to be a part of healthy living, not a "label" to be used disparagingly.
an idea to ponder for those with no access to acreage, etc. - if you have the resources, consider partnering with small landholders to get the food crops, etc. going - a sort of investment, "community supported agriculture" type of thing - there are plenty of people that might be able to use monies for seeds, etc., and weed pullers! build your networks now, so that you have trusted folk to rely on when SHTF. . .
Im in...on all the above...
The commodities market has become a giant whack-a-mole game, in which Blythe Masters only has brain capacity sufficient to focus on two holes.
Maybe it's me but I'm tired of stale jokes about her. There's a bigger con going on here than one that could be played by a flitabout at a has been brokerage.
Yeah, almost as tiring as copypasta from other websites, explaining why PMs are bad investments, right?
A "bigger con"? And you're short the metals correct?
You do understand the mega trillion JPM derivatives book she is in charge of don't you?
Sorry william, other than Blythe the only 'Capo' worth insulting would be Obama himself.
Both can go to Hell.
I wonder how much the UN and the USA can afford to send to Haiti every week
Are you kidding, just long enought to get the Apple factory built. Haiti will be one giant sweatshop courtesy of HAARP.
Haiti has oil, oil that the US has had on it's *radar* since at least the 60's. . .
oh, and the world's 4th largest US embassy, just ahead of Mumbai.
I bought 100 lbs of rice 4 months ago.
I don't even like rice... yet
You can eat it raw with your peanut butter hoard.
Ah, I see. You are goldenmiddelfinger. What, did you get banned for insulting Tyler? Come back under a new name to start again with the low grade trolling (but hey, lots of it!).
You want quality, not quantity if you really want to troll.
tmosley hits another home run!
Yes, we have not seen the goldendigit around lately...
His hands are otherwise preoccupied looking for nuggets in some orifice.
That explains a lot.
tyler bans people? for insults? hmmmm
is that what happened to all the decent posters that no longer comment here? ZH has changed considerably since its inception at blogspot.
Nah I doubt thats true, still some spectacular assclowns around here for many months and they havent been banned. 'ZH has changed considerably'...nah I dont see that.
I don't think ZH has changed, it's just the world in which it exists that has changed.
BTW - seems we have a number of ZH posters in Portland, OR. Probably similiar clusters elsewhere. Folks ever actually get together at a pub, drink some beer, and talk about the shit we'd generally only post bout?
Upside? Downside?
No kidding. I barely read comments anymore. Ppl think this is Facebook.
It would be nice to hear an official reply from TD, but I've seen him skewer various asshats in the comments, not ban them. More effective, and funnier. I think William the Bastard has been around for a while, no?
this is just a beautiful picture (not!). All Grains are racing up. The Chinese revolution is underway...
http://finviz.com/futures_charts.ashx?t=GRAINS
In my local supermarket, red seedless grapes were on sale for the lowest price I've seen in the past year...$1.49/lb. Small sample size, I know, but I was quite thrilled.
wait til India stops rice exports as it did last year. Prices more than doubled in the US.
And they never went back down :(
So dollar down, gold down, everything else up today. Yeah that's normal.
Owning DBA (food ETF) makes me feel OK about rising food prices.
Diversification and agility.
COMPLETELY normal! PM's and gold down daily, while bullshit stocks levitate magically no matter what. Grains and oil going up far higher is what will derail Bernankes little fun party.
Interesting that China banned all online talk related to the Egyptian protests/revolution.
Don't want to give the people any ideas.
But Cramer said that rice only makes up four of the five letters in price.
I wish I could dump all the rice in the world into the pacific garbage patch to help genben with his evil plan.
Eat risotto, it comes from Italy.
you make risotto, it is arborio rice.
Arborio rice - Wikipedia, the free encyclopedia
Yea, and it comes from Italy - Po Valley to be exact, although the hippies in Cali grow some too.
Close but no cigar.
No shorts until we get a close under the line.
Holy Crap, Robo is thinking of shorting something other than gold!
Of course, that would be stupid, because you can't win shorting in terms of dollars. Only in terms of gold or other non-depreciating money.
Looking more and more unlikely, Robo. More good data should send SPX over 1300 for good this week as more and more people are told that Egypt doesn't matter to their portfolios. Oh, and there's that iPhone pre-order at VZ on Thursday that should send the NAZ up 2% by proxy of AAPL.
There is an ominous urinal cake death hammer forming on the charts.
I saw this exact same chart back in 2007.
LOLOLOL... Hahahahahaha!
The cake that hangs in the top of the urinal and when it falls Harry... oh my.. Pull out Harry quick..
After it happens, I would caution against buying the urinal cake post-splash dip.