Wednesday, 1 October 2014

Goldman downgrades grains

Last Fall when Goldman downgraded coffee, I posted it here and urged everyone to buy some via ETFs. You know what happened after that. I have been waiting for the same call for grains lately and it came today here. It's really amusing how these guys are playing the same game year after year. I reckon most grains including soybeans, soybean oil, corn, wheat and sugar are dirt cheap. I suggest you find an ETF, buy it and sit tight for a year. You will thank me with a few clicks on the ads.