In
a time when China is losing between a third and half of its pig herds
as a result of the unprecedented decimation unleashed by African swine
fever - less affectionately known as pig ebola - which has sent wholesale pork prices in China soaring to all time highs...
... China is increasingly finding itself at America's mercy.
・・・中国は米国の慈悲に頼らざるを得ないという状況におちいりつつある。
As Bloomberg reports, as China's hog herd is collapsing, Beijing's imports of U.S. pork exploded to a weekly record.
ブルームバーグによると、中国の養豚は崩壊状態だ、米国から中国への豚肉輸入は爆発的に増えている。
According to USDA data, in the week ended Oct. 3, pig imports soared
to 142,200 metric tons, more than 7 times greater than September's total
shipments of 19,900 tons.
China signaled it may import as much as 400,000 tons to stem a
domestic shortfall, and it now appears that the US may be the easiest
source of said pigs, which needless to say grants the US substantial
leverage in the ongoing trade talks. The swine fever outbreak killed
millions of pigs. The country also appeared poised to boost purchases of
agriculture products as a good-will gesture before talks between
Washington and Beijing on easing trade tensions.
Meanwhile, as BBG notes, volatility in hog futures in Chicago has
surged to a record, spurred by speculation on exactly when Chinese
demand would finally surface. The answer: right now.
Amazonで買物をしてContrarianJを応援しよう この長文記事をRay Dalioが発表し、ゴールドは＄１４００から＄１４２０へと急騰しました。GLD保持高に変化はないのでたぶん先物ポジションが進んでいます。 Ray Dalio Warns A "New Paradigm" Is Coming: "Buy Gold, Sell Stocks" by Tyler Durden Wed, 07/17/2019 - 14:44 Authored by Ray Dalio via LinkedIn, One of my investment principles is: 私の投資原則はこういうものだ： Identify the paradigm you’re in, examine if and how it is unsustainable, and visualize how the paradigm shift will transpire when that which is unsustainable stops. 現在のパラダイムを認識し、それがどの程度持続可能かどうか判断する、そしてパラダイムシフトがどのように起きるか、そしてその着地点を思い描く。 Over my roughly 50 years of being a global macro investor, I have observed there to be relatively long of periods (about 10 years) in which the markets and market relationships operate in a certain way (which I call “paradig...
Amazonで買物をしてContrarianJを応援しよう Silver Outperforming Gold 2 Adam Hamilton July 26, 2019 3232 Words Silver has blasted higher in the last couple weeks, far outperforming gold. This is certainly noteworthy, as silver has stunk up the precious-metals joint for years. This deeply-out-of-favor metal may be embarking on a sea-change sentiment shift, finally returning to amplifying gold’s upside. Silver is not only radically undervalued relative to gold, but investors are aggressively buying. Silver’s upside potential is massive. ここ２週シルバーは急騰した、ゴールドを遥かに凌ぐものだ。これは注目すべきことだ、もう何年もシルバーはひどいものだった。この極端に嫌われた金属が大きく心理を買えている、とうとうゴールド上昇を増幅するに至った。シルバーは対ゴールドで極端に過小評価されているだけでなく、投資家は積極的に買い進んでいる。シルバーの潜在上昇力は巨大なものだ。 Silver’s performance in recent years has been brutally bad, repelling all but the most fanatical contrarians. Historically silver prices have been mostly ...
How Are Gold And Money Supply Related? by Tyler Durden Sun, 06/14/2020 - 13:00 Authored by Mike Shedlock via MishTalk, M2 Money Supply is surging. Will gold follow? M2マネーサプライが急増している。ゴールドはこれを追従するだろうか？ Let's investigate an alleged relationship between gold and M2, a measure of money supply in the US. よく言われるM2（米国のマネーサプライ指標）とゴールドの関係について調べてみよう。 "There’s a clear correlation between the annual growth rate in M2 money supply and the price of the yellow metal. " 「M2の年率増加速度とゴールド価格の間には明らかな相関がある。」 Clear Correlation? 明らかな相関？ The Tweet claims something different than my lead chart depicts. So let's investigate the above idea in other time frames. このツイートの主張は私が示す最初のチャートが示すものとは異なる。というわけでこのtweetの主張を別の時間フレームで見てみよう。 Gold vs Rate of Change in M2 Money Supply ゴールド vs M2マネーサプライの変化率 If we look at longer time frames, the rate of increase in M2 theory falls flat on its face....
