Elements Rogers Intl Commodity Index (RJA)

[wow_happens28]

Yep, that was a months worth of volume in one day and way above yesterday too. If Horseman Global, the worlds most bearish hedge fund is right, accelerating decline in the dollar and inflation.

As it is, why is RJA lower than 1 year ago when gasoline is 12% higher than last year and farming is somewhat energy intensive as well as shipping to the mills. Plus the dollar is already 10% lower than last year. A lower dollar makes it cheaper for countries with stronger currencies to buy our grains, etc.
I feel RJA is manipulated down. I have no way of checking this out on RJA, but stocks funds at the bottom of bear markets can be undervalued buy 5% or more. At the top's, overvalued. I suspect RJA is undervalued compared to the value of it's holdings. AND prices for the food commodities are reported to be at or below cost for farmers as well. The new US Drought Monitor looks drier than the one you post of last weeks, that you posted a few days ago at Water.

Horseman Global Hedge Fund story>>>
https://www.zerohedge.com/news/2018-01-18/worlds-most-bearish-hedge-fund-has-stunning-theory-what-happens-next-dollar

http://droughtmonitor.unl.edu/

https://finviz.com/futures_charts.ashx?t=DX&p=w1

https://www.finviz.com/futures_charts.ashx?p=d1&t=RB