Morgan Stanley's Latest 'Commodity Thermometer'

Two weeks ago we presented the latest and greatest "commodity thermometer" courtesy of Morgan Stanley's commodities team. Below is the latest just released iteration. Not much of a change, with gold still the most loved, and inc the most hated (this could well be one of those "endorsed by John Paulson" moments), and the only notable change being that silver has pushed above Live Cattle and entered the Top 5.

Comments

[kill switch]

http://www.youtube.com/watch?v=cAA_LUCb0QE

The real America,,,It's gone now!!

Fuck Morgan Stanley

It's raining all over the world!!!

[Kapital Xposure]

try this version

http://www.youtube.com/watch?v=R7Zq0K34UXA

[kill switch]

 Same message,,Thanks,,,,WE ARE FUCKED!!! When music was part of the American experience,, all gone now!!! FUCKING SAD

[spiral_eyes]

morgan stanley hyper bullish on gold?

sorry guys, looks like there is a dip coming for us to buy before we finally hit 2000. 

[Mr Lennon Hendrix]

The dip happened when it went down $100 in one day.  We will likely see $1680 in the next few days before a move higher.

[AldousHuxley]

little bit of history of this Morgan family business...

Morgan Stanley can trace its roots in the history of J.P. Morgan & Co. Following the Glass–Steagall Act, it was no longer possible for a corporation to have investment banking and commercial banking businesses under a single holding entity. J.P. Morgan & Co. chose the commercial banking business over the investment banking business. As a result, some of the employees of J.P. Morgan & Co., most notably Henry S. Morgan (grandson of J.P. Morgan) and Harold Stanley, left J.P. Morgan & Co. and joined some others from the Drexel partners to form Morgan Stanley.

JP Morgan and senator Aldrich founded what is the Federal Reserve System with then Senator Aldrich whose son Richard Steere Aldrich became a U.S. Representative, and his daughter, Abby, married John D. Rockefeller, Jr., the only son of John D. Rockefeller.

Still think America is land of opportunities and meritocracy?

What was true more than a century ago is still true today despite all of the technological innovations and changes in the institutions because the truely powerful owners of America never disappeared:

http://upload.wikimedia.org/wikipedia/commons/d/d7/Morgan%2C_Sam.jpg

[Mr Lennon Hendrix]

i can has cheeseburger?

[Reese Bobby]

Your "real America" never existed.  Study history.  Study something.

[kill switch]

No shit!! Do you get out AFTER 4 pm? You must be A young fuck tard,,,Read history,,,,FUCK YOU!!! Define real America for us all here at ZH!! Bated breath.

[Reese Bobby]

You are as excitable as you are nonsensical.  Unfortunately that is not a great base for much of anything.  Of course the world needs ditch diggers too.

[kill switch]

Your application is accepted!! Now get your fucking shovel / shine box

[AldousHuxley]

ANNUAL WAGE: $21,700
MEDIAN HOURLY WAGE: $10.43

TOTAL EMPLOYEED NATIONALLY: 17,280

and when you and your wife both shine shoes you got $43,000/year.

The median household income in the United States is $46326/year.

[LongSoupLine]

look for lead to fly up the chart once Israel pulls the hammer on you know who...

[Flakmeister]

Honey, it's all good....

[tarsubil]

Actually, setting up an apiary is an extremely good idea. There is potential for it to be worth a ton of money while also providing you with natural, actually good for you sweetner.

[DormRoom]

Chinese steel demand may have peaked last year [1].  If so, doesn't look bullish for base metals (copper, zinc), met coal, iron ore, or CAN, & AUS going forward.

Oh did I mention how there's a Canadian housing bubble that has yet to pop (or soon to pop).  Average Canadian household debt is 153% of annual disposable income!

[1] http://ftalphaville.ft.com/blog/2012/03/05/909111/worlds-changed-man-wor...

commodity bubble about to pop?  And with it, all that rehypothecated copper!.

[HyperLazy]

I have discussed the Canadian housing bubble with some Canadians: they are in denial. Apparently the Canadian banks are far too diligent to allow such a thing...

BTW: whoever is pumping the /ES - knock it off

[Minoan]

The Australian housing bubble is even bigger considering the strong AUD.

[Dermasolarapate...]

Dr. Housing Bubble On Vancouver – “The median household income in Vancouver is $67,550 yet the average detached home price is above $1 million. That is simply madness and even makes the California housing bubble look modest in comparison.”

http://vreaa.wordpress.com/2012/01/16/dr-housing-bubble-on-vancouver-the...

[Desert Irish]

That's reportable income...... Vancouver has got a hell of a lot of grow-ops operating out of those high-priced detached houses...Official estimates are that 1 in 4 houses in Vancouver are currently being used or have been used for grow-ops which is helping sustain the housing bubble.

[Bill D. Cat]

Link , please . Otherwise you're obviously high .

[Desert Irish]

Here's a smattering of industry and blog links citing government numbers. Google it - all sorts of articles on how grow-ops are pressuring housing prices - rents in Vancouver - it's common knowledge up here. Real Estate is also a great way to launder drug money so plowing proceeds back into real estrate is further inflating/butressing the market. The Economist article estimated it as a $7 billion dollar year industry in 2007 - By all metrics the bubble should have burst in Vancouver years ogo - somethings keeping it up.

http://www.economist.com/node/13740305

http://www.ianbell.com/2009/08/06/the-drug-trade-in-bc-youre-soaking-in-it/

http://www.urbanenvironmental.ca/grow-op-testing-and-removal/

http://www.schumacherrealty.com/pdfs/realtor_toolbox/GROW%20OPS.pdf

[Doña K]

Vancouver! Great town and there is the hidden Hong Kong Chinese money again in play here. That money is unreported and untaxed.

[kito]

There is no peak for Chinese demand. They are storing away commodities like acorns for winter. And if they continue to buy less and less Made in America treasury paper, you can be sure more and more go into all things physical. They are looking ahead 20 30 years while our government can't see past their nose......

[Doña K]

Today Erin Barnett covered the story of Iceland adopting the Canadian dollar for easier trade and the Keystone pipeline going to the Canadian West coast to sell oil to China.

She made sure to say that this was a power play. What? Canada will send mounties to conquer the world?

My thoughts? Someone had floated the idea that when TSHTF, the US will just invade Canada for its natural recources. Now they have the excuse they need to do it.

[AldousHuxley]

Erin Burnett = wall st elite's mouthpiece

Burnett began her career as a financial analyst for Goldman Sachs  in their investment banking division

Shortly after arriving at CNN, on October 4, 2011, Burnett did a segment on the Occupy Wall Street protests titled "Seriously?" in which she mocked the protestors. Media watchdog groups, including Fairness and Accuracy in Reporting, claimed Burnett's reporting was purposely inaccurate in order to paint the protestors in a negative light

She is engaged to Citigroup executive David Rubulotta

She is a member in Council on Foreign Relations...the real US foreign policy makers. http://www.cfr.org/about/

Connect the dots. She is not just some journalist. She is loved by the status quo.

[aphlaque_duck]

Doesn't a lot of silver come from base metal mining? Price of silver should get a bump if we're mining less copper.

[TheSilverJournal]

Seeing that silver will outperform gold by at least 5 X during this PM bull market, silver should be on the top of that chart.

TheSilverJournal.com

[tmosley]

IFF the goal of the chart is to transmit true information, rather than disinformation.

[kito]

You can be sure Morgan Stanley is dumping gold as we speak..........

[tickhound]

Haha, time to invert the chart and fatten up positions in zinc, lead, nickel...

[AldousHuxley]

MS report came out 2 weeks ago as commodities including oil and gold were peaking...

gold had a massive selling last week...

It is all part of plan to keep commodities in check as they try to push down prices below SMA.

[Bunga Bunga]

Do they stick the thermometer into their asses?

[Reese Bobby]

I love Gold but I may have enough passion for natural gas as well.

[kill switch]

You spew enough of it...HA

[apberusdisvet]

I produce natural gas whenever I'm protecting my gold hoarde.

[THECOMINGDEPRESSION]

US Congress passes authoritarian anti-protest law

Read it here: http://www.economicaldepression.blogspot.com/

The lineup at the coin shop could get you arrested!

[DosZap]

THECOMINGDEPRESSION

These bstds are killing the BOR's, and not a word is spoken.

All of them are going Obam on us.

Fascist fks.

Just ONE more example of how much MORE SPECIAL they are, than the people who put them there.................I want to wretch.

[I am a Man I am...]

so many people have been steamrolled owning natural gas, especially that wealth killer UNG

[DormRoom]

yeah, cause we all know how 'fair & efficient' markets are.. Nat Gas went up to $13 in 2007.. Now it's like under $2.50.

Between  periods of real price discovery lurk sons of bitches like Brian Hunter.

http://www.zerohedge.com/article/brian-hunter-fined-30-million-his-nat-g...

[Reese Bobby]

You could have said the same thing about Gold at $250 per ounce.

Buying an ETF that rolls short-term gas futures is not owning natural gas.

Read up on natural gas as a combustion engine fuel.  It is cheaper and better than gasoline.  You heard it here seventh.

[kill switch]

It is cheaper and better than gasoline

And we convert it to the whole world ,,,,HOW?  7/11?

[BooMushroom]

Lots of houses already have gas installed. Put a splitter on the water heater line in the garage, and maybe an extra pump in the line to compress it into the car's tank.

Sell the above service as "free with purchase of NatGas powered vehicle!"

Next question?

[devo]

What's the best way to own it?

[Desert Irish]

Own it? Best short it.....

[lolmao500]

Here we go folks...

http://www.naharnet.com/stories/en/32343-u-s-calls-for-credible-probe-of...

U.S. Calls for 'Credible' Probe of Russia Presidential Vote

I bet that won't sit well with Putin.

http://english.chosun.com/site/data/html_dir/2012/03/06/2012030600608.html

N.Korea Threatens Fresh Attack

The chief of the North Korean People's Army's General Staff, who is widely held responsible for the artillery attack on Yeonpyeong Island in November 2010, has threatened a similar attack.

[mvsjcl]

Perhaps Russia should reply that it's still waiting for a "credible" probe of the 9/11 attacks. 

[Bringin It]

People outside the US just have to laugh when the US of A wants to question their elections.

Simply put, the American government does not represent the intrests or the will of the people.  As such, the American government is in no position to lecture anyone about democracy.

[sheepgetslaughtered]

LONG SILVER

http://sheepgetslaughtered.blogspot.com

[devo]

I'm long fat hogs. Expect them to surpass lean hogs by early Q2.

[MinnesotaMD]

That was my motto in college.

[Schmuck Raker]

Hi everyone.

I'm new here, and hoping for some advice...

Warren Buffet says to buy things when they are out-of-favor so I think I will buy some Lead Bullion. But, I don't know of a reputable dealer in my area, and I am not comfortable doing business with an online company without references.

Can anyone here make some suggestions?

Also, what is the best way to store it securely? Is it better to bury it, store it in a bank safe deposit box, or just mix it into some 5 gallon buckets of old paint I have in the shed?

[MinnesotaMD]

Store it in gunpowder charged cartridges, and if you are a fisherman- store it at the bottom of the lake and call it a downrigger to avoid capital gains.

[Jendrzejczyk]

2 thumbs up...great question!

Melt the lead bars and give yourself an enema with it. Safe storage spot for sure.

If nothing else, your family will have a unique statue to remember you by.

[Pretorian]

This fuckers called Morgan Stanley use to have 20 employs in 1970 and now they have more 250 000 .Making there expansion on people misery, insiders and screwing 99% of population.

[POpatriot]

Looks like lead is under the radar.  Go long lead!  Its about to have a surge of demand in the next few years...

[RockyRacoon]

An article worth the read just for the eye-watering volatility charts. 

Can you imagine silver starting the day at $80 and hitting $109.20 before you go to bed that night? Something like that will probably happen at least once before this bull market is over. As with gold, though, that kind of movement is more likely to take place from a higher level, such as $100 or $125 (or higher?). And a fall like $100 to $81.50 will probably be part of the trend as well.

There are some definite conclusions we can draw from the historical picture:

• First, if history repeats, or even rhymes, our biggest days of volatility are ahead. And they will be normal.
• Second, big price fluctuations will be common as we enter the mania and approach the peak. In fact, when large daily movements become the norm, the historical record suggests we will be nearing the end of the cycle.
• Third, since current volatility has thus far been lower than what was experienced during the final phase of the 1970s bull market, we are not in a bubble, nor yet in the mania phase, and nowhere near the top. Remember that the next time you hear some nincompoop spew bubble talk on CNBC.

What can an investor do with this information? Prepare yourself for bigger daily swings – in both directions. And buying on those outsized drops is probably a good strategy…

http://www.caseyresearch.com/cdd/what-volatility-looks

[Mr Lennon Hendrix]

If this is true, then the trend has started; the trend doesn't need to begin with an up move, afterall, why would it when the monied forces of the Banking Houses are trying to bang it lower?

[Dermasolarapate...]

Ron Paul gets endorsement from five members of Romney’s family http://dailycaller.com/2012/03/05/ron-paul-gets-endorsement-from-five-me...

[Mr Lennon Hendrix]

Santorum has family backing Paul, too.

[Problem Is]

Morgan Stanley should stick the thermometer up their ass and see if they are...

1. Alive...
2. A Zombie bank...
3. Or just a corpse...

[cnhedge]

everyone loves gold.
http://www.jinrongbaike.com/
http://www.cnhedge.com/

[natty light]

http://www.youtube.com/watch?v=k-COG4YTn6M

[ag3nt0rang3]

I would think they would be bullish zinc. As it will be the main ingredient in every American coin soon.

[BooMushroom]

You know the plastic that all the shit at the dollar store is made from? Look for plastic-core coins (or hollow!!!!!1!) coming soon. For sure if 0 gets reelected, and still most likely if "generic Republican" gets the job.

[ZenOps]

Yup, massive glut of nickel out there.

Thats why Canada removed the nickel content from the $1 and $2 coin and replaced it with steel this year.  This is the last year that Canada will produce any nickel coinage, even though back in 1922 and for many decades we were the worlds largest supplier of nickel.  Its also why they are taking the nickel and copper content out the the British 5 and 10 pence this year, because we don't have an obligation to the British Crown as a commonwealth to supply every last ounce of nickel we can produce.

The LME didn't really default on nickel five years ago, its all your imagination.  The coking coal that China uses to put a few percent of nickel in steel to make it stainless doesn't also put things like radioactive uranium and other toxic metals into it as well...

Really?  Can people honestly not see what is happening right before their eyes?  Its pure desperation that China has resorted to using coking coal to make stainless steel that is *maybe* or *maybe not* toxically mixed with a mash of other metals.

Nope, too much nickel out there - it only costs 11.12 cents to produce a US 25% nickel afterall.  The US didn't replace the 25% nickel composition with 35% silver during the war years because nickel was *more* expensive than silver - they did it because they were bored.

[DosZap]

ZenOps

Last year for American 75%/25% nickel also, last I heard we're going to steel.

Even all our coins are now shit.