Here are some videos (one for English speaking visitors, the other for French speaking ones) that are really worth something. Who said it's got the taste and flavor of 1929 pre-crisis/krach ???

Will the US subprime crisis create a systemic collapse of the world markets and so doing, a krach ? For once, it is the French market which gave the first signs of worries with the 1st French bank, BNP Paribas, closing three funds related to Collaterized Debt Obligations (CDOs) because of a lack of liquidity allowing to value the funds correctly. The FED and the ECB are injecting massive liquidities in the bank system but technically, the harm is already done...

August 10 portfolio positions :

LONG Natural Gas @ 6.50
LONG Palladium @ 362
SHORT EUR/JPY @ 162
STRADDLE CAC40 @ 5465

August 14 positions (average prices) :
LONG Natural Gas @ 6.45
LONG Palladium @ 360
STRADDLE CAC40@5510
LONG Orange Juice @ 130
SHORT EUR/JPY was closed with profit


TO DO LIST FOR THE WEBSITE :
1. Get the point value per contract for all futures and e-minis commodities (partly done)
2. Find Commodities pictures
3. Find a powerpoint world map (done)
4. Buy a CRB Commodities Yearbook (done)
5. Write Fundamentals article for each commodity

The recent troubles encountered on the world markets have an identified origin assumed to be sub-prime and US Real Estate crisis. Some voices have started saying that it could provoke some domino effect and lead lender nations (Japan, China...) to sell dollars against yen. Euro could suffer the same even if Euro seems to be on a bullish trend against dollar leading it to the 1.45 objective...

Trading Commodities is not so common among individual investors or daytraders. Most people prefer trading stocks, indexes or even currencies on the Forex. Commodities are probably the most interesting products to trade though, simply because they are highly related to Geopolitical issues and to the most simple indicator : supply and demand.

At last ! Orange Juice hit bottom on 120 and bounced, finally confirming our last analysis ! Juice breaks out 135 and should now aim more interesting levels... Don't peel your position now, some extra portions are to be served soon !

A buy signal on Natural Gas has been given according to MACD indicator. It is yet to be confirmed later on with the breaking of the main resistance barrier but yet, it is encouraging.

Coffee has lost more than 20% since the beginning of 2007 and hit a bottom on $1.04 level. It bounced back to $1.18 but the trend remains the same : bearish. Coffee will probably need Mr Clooney's help to catch a new trend up... What else ?

Corn has been suffering lately from heavy profit taking as drought expectations finally let place to rains.
After 12 days in a row on a steep short time downtrend, Corn is seeking haven somewhere near the 310 cts level... Some buy opportunities might occur by then.

Natural gas has broken down its gentle upward trend. It is still moving into a $2.5 large bandwidth, forming an horizontal canal. The trend is now down, especially on a weekly basis. As long as no dog days are forecasted by weather, the demand for Air conditioning should remain weak. A speculative buy strategy could be tried now, based on the successful test of the lower support of the canal. But stops are to be close as the trend is now bearish.