More big time cold weather in February and how weather is affecting global commodities

More big time cold weather in February and how weather is affecting global commodities

See this video by Jim Roemer.

He discusses:

The squeeze in natural gas prices and more big-time cold and snowstorms coming in February

Why we were bearish on coffee futures since $4

We got clients out of long silver around $100 an ounce a few weeks ago

Wheat prices may be bottoming

A look at global crop weather from cocoa to sugar

The Climatic Factors That Will Influence January Weather

The Climatic Factors That Will Influence January Weather

This video talks about:

1)How stratospheric warming helped natural gas prices surge over $5.00 in early December, only to come crashing down on the warmer late month outlook. That warming aloft will begin to weaken.

2)What is a -WPO and -NAO index? It will bring much colder weather to Europe and perhaps New England as we head towards the end of the month, However, since the negative NAO will be more eased based, that would favor Europe seeing more consistent snows into January rather than much of the central and eastern U.S.

3)How a +EPO index (cold pool near Alaska) and strong western U.S. troughs (-PNA) will offset a potential cold January weather pattern for the U.S. This means that most U.S. natural gas areas will be warmer than normal.

4)How strong vs weak La Niña events affect the weather in January