Replies to post #138 on Market Vectors Coal ETF (KOL)

[temp luvs amy]

I am sick of it myself. I almost took my losses and ran away.

It might be longer than a year. The futures hit new lows. I would think the price of Coal has to go up.

The companies should be already scaling back production and economizing. It's not what I was looking for.

There was a big up move in one Coal company today. I heard it on CNBC, but I don't remember which one, and I don't think it's in the ETF.

[temp luvs amy]

I think we get an Obama bounce after 4th of July.

Everybody will be having Coal on the Cob, because Obama would rather burn the corn.

I wonder if you can buy it with food stamps?

[temp luvs amy]

U.S. Corn Reserves on June 1 Drop to the Lowest Since 1997

By Jeff Wilson - Jun 28, 2013 9:00 AM PT


"Corn supplies on June 1 in the U.S., the biggest producer, fell 12 percent to 2.76 billion bushels, the lowest since 1997 after the worst drought in more than 70 years cut production to a six-year low in 2012, the government said.
Inventories fell from 3.15 billion bushels (80.01 million metric tons) held in farmer and commercial grain bins a year earlier, the U.S. Department of Agriculture said today. The average estimate of 30 analysts surveyed by Bloomberg was 2.862 billion. Usage from March through May was 2.64 billion bushels compared with 2.88 billion during the same period a year earlier."

http://www.bloomberg.com/news/2013-06-28/u-s-corn-reserves-on-june-1-drop-to-the-lowest-since-1997.html