Highlights
Question from a client:
"Good day, Roger.
Reading your report last night, you mention the treasury department and their war on Russia's financial sector. They are targeting Russia's industries.
Oil, natural gas, and wheat are Russia's industries. The three markets that make absolutely zero sense to me the past 18 months are oil, natural gas, and wheat.
Funds supposedly covered 30% of their short position in wheat last week? Yet selling is increasing.
Am I crazy to think the Treasury Department is the entity I've been sensing that is killing my markets?"
No, Sir, I do not think you are crazy.
Naomi Blohm, senior market adviser with Total Farm Marketing by Stewart Peterson wrote this on 9 March 2023:
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