The biggest winners in DeFi have traded at really attractive values for a long time now.
Value trap.
English
HowieDewitt
1.4K posts
In 2022 fertilizer prices hit new highs. Russia export bans, belarus sanctions and Chinese restrictions combined with a tight energy market.
Corn prices lagged a little, but quickly caught up.
Mind you, that was after 70% rise in the two years before.
HowieDewitt@Letsdewitt
> Oil forms a new bottom above $75 (higher for longer) > Urea price will form a higher bottom as well (higher for longer) > Corn, as the most fertilizer intensive crop there is, will follow. The dip in $CORN right now is a gift.
English
I genuinely can’t believe that this is a real chart.
It’s like Trump himself engineered a bear trap just to punish those who “doubted” him.
One of the most insane V-Reversals in price action history.
Not only that, but ALL INVESTMENT INDEXES - EVER!
This is why I once famously said,
NEVER BET AGAINST THE USA! 🇺🇸
We beat Iran and now we beat the naked short sellers.
GOD BLESS!
~ Dr. Axius.
English
If we get in the blue zone (big if, but if), sell the euro.
Not sure how you can be bullish on euro. Its short energy.
Everyone needs energy. AI needs energy.
Dollar is pretty long energy.
Yuan? Iranians accepted BTC.
Dollar remains king.
English
If ceasefire is still in place, I'm sure markets understand it will take a conversation or 4 to get things done.
English
I will publicly shame those responsible for the losses from the Drift hack for as long as I’m here.
These guys just hide and wait for everyone to forget, then move on with their millions from team allocations and launch new projects.
Not on my watch
English
Guess the country. There's a clue in the picture. Explain your reasoning.
English
have been trading oil on and off the last few weeks. Crude is a tricky one, but $100 will be touched again.
In the meantime, these elevated funding levels are a really nice gift.
English
what a week
nasdaq just closed back above its 20WMA for the first time in 10 weeks
CRG@MacroCRG
this is an insane recovery on equities nasdaq futures just closed back its 20,50,100+200DMA for first time in 67 days weary of a potential local top soon leading to more consolidation.... but overall, probability that the Iran war low is in just increased dramatically now only -4% away from all time high...
English
Right now: different geopolitics, but similar chokepoint disruption.
There is a difference though.
Right now we're in the midst of a 4 year bear market, and prices sit under production costs. Many row0crop farmers are looking at 4 years of operational losses.
Corn = easy long
English
