by Theodore Butler
Silver Seek
While many financial developments in the world seem quite strange to me of late, a new observation has me feeling as if I truly entered the Twilight Zone, the TV series that ran from 1959 to 1964, created and hosted by Rod Serling, in which the characters find themselves in disturbing and unusual situations. I guess I have been so preoccupied with the strange events going on in silver that I wasn’t paying close attention to many other commodities. Therefore, it came as a bit of a shock when I scanned the commodities board (after all, my professional upbringing had been as a commodities broker).
I hadn’t really noticed that corn, the largest and most important grain, was trading for current delivery at over $7 a bushel (only a dollar from all-time highs) or that soybeans were trading over $15 a bushel for current delivery, also only a bit less than all-time highs.