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Presenting Morgan Stanley's Commodity Thermometer

Submitted by Tyler Durden on 02/21/2012 13:35 -0400

Opting to trade commodities over Cede & Co.-owned stock certificates? Hopeful there would at least be a physical recovery if the counterparties collapse in a bilateral netting fireball of linked counterparty exposure (as long as MF Global is not involved... or its exchange... or regulator)? Then here is a simple way to gauge relative commodity strengths and weakness courtesy of Morgan Stanley's "Commodity Thermometer" which shows what products MS is bullish and bearish on, and why.

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Tue, 02/21/2012 - 13:39 | 2181425 LawsofPhysics

MS is very late to the party. Happy to see corn and soybeans in the top ten though.

Tue, 02/21/2012 - 13:45 | 2181442 Mr Lennon Hendrix

Kyle Bass is scratching his head?

Why was he so bullish on nickle anyway? It doesn't have to do with the rumor that an Italian scientist says he can boil water with 10 times the effeciency of nuclear with nickle, is it?

Tue, 02/21/2012 - 13:50 | 2181452 LawsofPhysics

Oh do tell, got a peer-reviewed reference or viable link on this? That is a tasty bit of information, if true.

Tue, 02/21/2012 - 13:59 | 2181476 Totentänzerlied

He's referring to the e-cat. No reliable/trustworthy info on it is available (yet?).

Tue, 02/21/2012 - 14:08 | 2181503 LawsofPhysics

Yes, I was baiting him. Nothing in the peer-reviewed literature on e-cat. But I digress, there are no "experts" who dedicate their lives to such things and everything on the internet and in print is true (especially if it is coming out of Bob Jones or Liberty University)- LOL. Junk away morons.

Tue, 02/21/2012 - 14:39 | 2181588 trav7777

All I know is that platinum's temperature is on "apeshit"...congrats to everyone (me) who put on a convergence pair trade to gold

Tue, 02/21/2012 - 14:45 | 2181604 LawsofPhysics

silver and copper caught a bid as well. Oil, steady as she goes. lots of demand for physical, or anything that can not be printed out of thin air.

Tue, 02/21/2012 - 14:11 | 2181513 GeneMarchbanks

http://en.wikipedia.org/wiki/E-Cat

All I'm sayin' is if you don't trust Wiki who do you trust?

Tue, 02/21/2012 - 14:53 | 2181620 Seer

"Happy to see corn and soybeans in the top ten though."

Cheering on Monsanto?

Those cattle prices HAVE to be higher to offset that increase in corn pricing. Of course, if I had cattle (been working on it...) I WOULDN'T be feeding them this shit. As of now my chickens get non-GMO (rule out nearly ALL soy, and corn).

Tue, 02/21/2012 - 13:39 | 2181429 bigdumbnugly

dam, a bank indicating bullish gold and silver.

that isn't one of those big fat wide rectal thermometers they're using, is it?

Tue, 02/21/2012 - 13:59 | 2181477 mc_LDN

Isnt this meant to be the sign? As in when the banks cotton on then so does the wider populace. Is the bull run imminent at last?

Tue, 02/21/2012 - 14:15 | 2181529 xela2200

They are starting to pile on the long side, so it looks like we are heading for the manic stage.

Tue, 02/21/2012 - 15:40 | 2181829 Eisenhorn

Nice. Looks like the days of the silver raids will be back soon.

Guessing it gets hit somewhere right over the $35 line....maybe around $35.40ish.

Tue, 02/21/2012 - 13:41 | 2181435 Mr Lennon Hendrix

Bullish, bitchez!

Tue, 02/21/2012 - 13:42 | 2181436 lolmao500

Total news blackout...

Troops March on White House for Ron Paul

http://www.youtube.com/watch?v=P7M21JlBM78

Too bad they didn't march on White House ``for realz``.

Tue, 02/21/2012 - 14:13 | 2181526 metastar

The military men are starting to awaken. When they do, it's game over for these NWO bitches.

Tue, 02/21/2012 - 14:26 | 2181555 xela2200

The military men do as they are ordered whether they like it or not. Otherwise, there wouldn't be any wars.

Tue, 02/21/2012 - 13:46 | 2181445 Offtheradar

At least none of whats listed is needed in our everyday lives! Oh. Wait.........

Tue, 02/21/2012 - 14:12 | 2181514 metastar

Tue, 02/21/2012 - 13:47 | 2181447 Imminent Collapse

Commodity markets are totally manipulated. Some would say rigged. If you purchase gold or silver, remember to take delivery and don't worry about the price fluctuations. You are purchasing as a hedge against hyperinflation and the daily ups and downs should be of no concern to you. If you can't have that attitude, then don't buy them, as it will drive you crazy.

Tue, 02/21/2012 - 13:48 | 2181449 Convolved Man

Gold?????

-The Bernank Perplexity (Complete Edition)

Tue, 02/21/2012 - 15:40 | 2181828 trav7777

bitch?

Tue, 02/21/2012 - 13:51 | 2181455 AL_SWEARENGEN

I look forward to the days where banks will pay huge premiums to anyone depositing anything gold or silver. Homes for Silver swaps? I'd consider it..

Tue, 02/21/2012 - 14:06 | 2181501 NotApplicable

I don't think you understand banks. They collect huge premiums while stealing real assets.

Deposit at your own risk.

Tue, 02/21/2012 - 14:26 | 2181550 AL_SWEARENGEN

I was referring to post fiat currency destruction world. Banks, in some form or another will reemerge as they always do. But by then, only gold & silver will be accepted.

Tue, 02/21/2012 - 15:12 | 2181685 Seer

Well... maybe at FIRST banks would be honest, but... eventually they'd revert. One cannot hope to put food outside for one's dog with no fencing and expect that other dogs won't eat YOUR dog's food. Any fence-ringing of the bakers will ultimately be taken down for the sake of feeding the community of dogs (the rest of the bankers).

It's a profit-driven world in a world of declining resources. Should be evident from recent history that "profits" require trickery, and that ONLY trickery is capable of "delivering" profits. Heck, the very nature of "interest," which economies are based on, fails in the face of physical reality...

Tue, 02/21/2012 - 13:52 | 2181457 kralizec

Bullish on lead. ;)

Tue, 02/21/2012 - 13:55 | 2181465 digalert

pMS see's a weakening industrial demand for silver? I can find others calling for exponential increase in silver demand. Solar, and smartphones to all the new microwave nuke TSA scanners at malls and hardware stores near you.

Tue, 02/21/2012 - 13:56 | 2181467 Sutton

Buy coins and bury them.

Trade mining stocks for swings.

Avoid futures all together. If you must trade futures, keep absolute minimum in account and wire money in(then OUT) as required.

Trust no one.

The Syndicate just TOOK the money from MF's customers, overturning a hundred years of legal precedents in a weekend.

Remember, the Syndicate got a judge to rule that MF was NOT a commodity brokerage.

I guess all of the brokerage I paid MF was a gift on my part.

Tue, 02/21/2012 - 14:13 | 2181524 NotApplicable

To be fair, I'd say they quit being a brokerage the day that Corzine oozed through the door, and became a full-fledged criminal cartel, so I can see how the judge could see it the way he did.

After all, he may prefer breathing.

Tue, 02/21/2012 - 13:57 | 2181472 Fred123

Just supply and demand comments, nothing about currency devaluation.

Tue, 02/21/2012 - 14:03 | 2181493 DCFusor

Gold, then food, then everything else? Sounds like they're bearish, actually.

Tue, 02/21/2012 - 14:33 | 2181566 Mercury

Obama 2012: We're making gold and food more valuable than ever!

Tue, 02/21/2012 - 14:04 | 2181497 NotApplicable

A gold in the hand is worth two hundred in the Wedbush.

Tue, 02/21/2012 - 14:15 | 2181530 The Swedish Chef

Crude $85 in Q1 2012?!? I doubt you´ll even see WTI at that level, possibly EVER again...

Tue, 02/21/2012 - 14:18 | 2181534 uno

Silver imports to stay strong; seen topping 5,000 tonnes February 21, 2012 - 9:58am

India's appetite for silver surged in 2011 despite prices of the white metal touching a record level.

The country's imports rose to 4,800 tonnes in 2011 compared with 2,800 tonnes in 2010, Mr Prithviraj Kothari, President, Bombay Bullion Association, said today.

He expects silver imports to top 5,000 tonnes in 2012 driven mainly by investment demand.

Source: The Hindu Business Line

Tue, 02/21/2012 - 14:23 | 2181545 Mr Lennon Hendrix

Ugh, silver is going up again....why, why is silver going up!?

Tue, 02/21/2012 - 15:00 | 2181637 mick_richfield

Because somebody got nervous about supplying infinite unbacked paper on the CRIMEX ?

Tue, 02/21/2012 - 15:50 | 2181683 BlackholeDivestment

The chart is a scene from The Hunger.

The gold Ankh of the Fed, the high price of the Fed corn of the child sacrifice

and the blood on the notes.

http://www.youtube.com/watch?v=XQxKUUHY3vo&feature=related

Do you have the Fed gold Ankh around your neck?

...from the start, the Grand Master demands silence and no mention of the name of our Father in Christ, and so without mercy, the laying of the Antichrist New World Order Cournerstone of ''The Craft'', with the corn wine and oil of Lucifer, defines the builders of the global market and it's fellowship. http://www.youtube.com/watch?v=j0_AkFn_VLE&feature=related ...paaaathetic.

http://www.kingjamesbibleonline.org/Daniel-8-25/

Tue, 02/21/2012 - 15:41 | 2181820 Eisenhorn

Is the image link bad? Not seeing the image....reloaded...cached out, etc....

update: no avatars either..../shrug

Wed, 02/22/2012 - 03:31 | 2183750 sikefeier0728