Gold has rallied today 17 bucks. The buy looks better and better. The options have picked up as well.
I sold 1/3 of the position this morning. when June printed 1680. The high so far has been 1686.
I am holding the cattle longs. Friday we have another big report. If its supportive, we should get paid Monday morning. If its not, we can skate away w/ a push or a small loss.
Weather issues today have SH beans approaching 15.00. The first time we get there I am going to sell it. If you are not long, I’d get long now with a tight sell stop below.
CER