This is an interesting Site one of our Members sent me recently

The latest post is a doozy

Here is an excerpt ( Note I was highlighting the huge fall in Grain Prices recently) Here is the story according to Boom

WAR IS OVER IF YOU WANT IT — OIL PRICE FALLS — WHEAT AND CORN FALLING — IS THIS THE END OF CPI INFLATION

On 19th June, BOOM wrote “To BOOM it looks like the war in Ukraine is over if the parties involved can agree to agree and can continue to agree.”

The prices of wheat and corn in the US started collapsing dramatically just 2 days later. On Tuesday June 21st, someone rang an invisible bell in the markets and both major grain prices began to fall precipitously.

The Continuous Contract price for Corn at the CME has now fallen from its recent High on 30th April of US$ 820 to its current price around $ 580. In just over 2 months, it has dropped by 30 %. The highest price for Wheat was on 17th May. It was then around US$ 1,270 and has since fallen to $ 800, a drop of 37 %.

The Continuous Contract price at the CME (Chicago Mercantile Exchange) for Natural Gas reached its High on June 8th at $ 9.60. It is now around $ 5.40, a fall of almost 44 %.

The Continuous Contract price at the CME for West Texas Light Crude Oil reached its High on June 8th at $ 123. It is now around $ 95, a fall of almost 23 %.

The Ukrainian people will soon decide the fate of its leadership. That leadership constantly begs other nations to send more weapons which will prolong the war. And those nations foolishly agree, watching from afar. However, the idea of permanent war against its neighbor is not a solution to the current situation and military reality informs us that Russia cannot be defeated by Ukraine. So the leadership must change its stance or the leadership must be changed by the people. It is as simple as that. Volodymyr Oleksandrovych Zelenskyy should pay close attention to what has just happened to his great ally, Boris Johnson.

In economics, things work until they don’t. Until next week, make your own conclusions, do your own research. BOOM does not offer investment advice.

Full post

http://boomfinanceandeconomics.com/