Will Coffee ever go thru the roof again?

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Banned
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Its been over 10 years now since Coffee went off the charts....it will happen again, and there will be instant millionaires from it....anyone else buying coffee options?
 

Pump n Dump
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J-Man,

Can you remember what caused the run-up ten years ago? I would guess it was weather related, but I don't know. I would think weather and employee/labor issues would be the most likely causes for another bull market. What do you think? Commodities are very tough to predict in my opinion.
 

Triple digit silver kook
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I am currently long grains (beans, wheat, and corn). Also, long sugar. Of course, I have long been energies for a few years.

I am not currently in coffee, but I have noticed the pullback. It will have its day in the sun for many coffee plantations have been replaced by more profitable soybeans.

J-Man, this commodity bull market has a decade left, so try to remain long as much and often as you can afford.

Jim Rogers has a commodity index fund. I would also suggest being in his fund for it remains long and is based on his index which is different from the grain heavy CRB. His fund leans to the energies, but he adjusts the fund annually depending on conditions.

www.rogersrawmaterials.com for more information.
 

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I am not an expert or anything and dont even know how to go about buying options...But believe it or not, before the war, i predicted that oil prices would actually skyrocket instead of go down even after Bush's friends were squatting right over the oil pumps of Iraq...


I still think over the next years, oil prices are still going to increase even if we are at 58 per barrel....China is growing too fast.

One risky move would be also buying cement options (if they exist) or housing materials like timber...But be warned folks, when that real estate market goes boom, the pain will be felt world over.
 

SSI

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j, go long on pullbacks in bull markets (or uptrends), go short on spikes in bear markets (or downtrends), pretty simple concept but it works..

5k wont buy you many long term posistions jman and i would not suggest buying coffee options or any options for that matter.. your just buying time for the most part and each day it eats away at its value, you have to get good quick moves..

i only buy them when i sell them as well..... i may sell an atm (at the money) option and buy one further out as some insurance.. or occasionally may go long or short a futures posistions and buy an option further out as insurance and tradw without a stop...
 

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redpimp said:
I am not an expert or anything and dont even know how to go about buying options...But believe it or not, before the war, i predicted that oil prices would actually skyrocket instead of go down even after Bush's friends were squatting right over the oil pumps of Iraq...


I still think over the next years, oil prices are still going to increase even if we are at 58 per barrel....China is growing too fast.

One risky move would be also buying cement options (if they exist) or housing materials like timber...But be warned folks, when that real estate market goes boom, the pain will be felt world over.


those oil prices are still raising:party:
 

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