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LukeGromen's profile
Luke Gromen
Luke Gromen
Luke Gromen
@LukeGromen

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Luke Gromen

@LukeGromen

Founder & President, Forest for the Trees (FFTT). Author of "The Mr. X Interviews, Volumes I & II.” RT not endorsements.

FFTT-LLC.com
Joined December 2014

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    Luke Gromen‏ @LukeGromen 1 May 2020

    Luke Gromen Retweeted *Walter Bloomberg

    Regardless of the cause, once you get to the “fiat can’t buy you food” portion of the movie, you have entered potentially dangerous territory. Not something I relish, but a fact nonetheless. “We’re always only 9 meals from chaos.” -Unknownhttps://twitter.com/DeItaone/status/1256296032410927107 …

    Luke Gromen added,

    *Walter Bloomberg @DeItaone
    KROGER IS ADDING PURCHASE LIMITS ON GROUND BEEF AND FRESH PORK IN SOME STORE - CNN $KG
    12:55 PM - 1 May 2020
    • 32 Retweets
    • 192 Likes
    • Macca1 Piotr Manczak Nikita Mazaev, CFA, к.э.н. Karen Kelly #Bobulinski Mike Jiten Bechoo Nate Morris Oligarch Kabuki 🐻
    19 replies 32 retweets 192 likes
      1. New conversation
      2. Georgist‏ @bygeorgist 1 May 2020
        Replying to @LukeGromen

        There is a good reason for the supply chain choke, and Americans throw away *a lot* of food, and loads of them eat way too much, so it's hardly mad max time.

        1 reply 0 retweets 5 likes
      3. Luke Gromen‏ @LukeGromen 1 May 2020
        Replying to @bygeorgist

        Agree, but if food starts getting scarce, what starts happening to monetary velocity?

        3 replies 0 retweets 8 likes
      4. Show replies
      1. GiddyGono‏ @GiddyGono 1 May 2020
        Replying to @LukeGromen

        But isn’t this because of disruption to the supply chains and not because of potential currency debasement ? In Venezuela markets continued to receive their utterly trashed currency throughout the hyperinflation.

        0 replies 0 retweets 1 like
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      1. New conversation
      2. Craig Corcoran‏ @CraigCorcoran00 1 May 2020
        Replying to @LukeGromen

        There was a wonderful, potentially decline ending, “diagonal triangle” bottom formation for $DBA this week. Grains in a future bull market to be added to the future storm ☔️

        1 reply 0 retweets 0 likes
      3. joel‏ @joel94076007 1 May 2020
        Replying to @CraigCorcoran00 @LukeGromen

        Good thing I sold at the bottom then. 😅

        0 replies 0 retweets 0 likes
      4. End of conversation
      1. Chad Douma‏ @chaddouma 1 May 2020
        Replying to @LukeGromen

        Damn, I should have bought a whole steer.

        0 replies 0 retweets 0 likes
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      1. Red Eagle Trader‏ @redeagletrader 1 May 2020
        Replying to @LukeGromen

        Meanwhile, American shoppers will gas-up at lifetime inflation adjusted lows on their way to avail themselves of slashed prices as retailers holding heavy levels out of season inventory try to move into summer.

        0 replies 0 retweets 0 likes
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      1. Craig Corcoran‏ @CraigCorcoran00 1 May 2020
        Replying to @LukeGromen

        Craig Corcoran Retweeted Filipe Vasconcelos  🇵🇹 🇪🇸 🇪🇺

        Stepping back a bit on $DBA, check out the potential for a massive rise in GRAIN. https://twitter.com/ffvasconcelos/status/1227267371963994114?s=21 …https://twitter.com/ffvasconcelos/status/1227267371963994114 …

        Craig Corcoran added,

        Filipe Vasconcelos  🇵🇹 🇪🇸 🇪🇺 @ffvasconcelos
        12 yrs bear market of agriculture products $DBA in a falling wedge. breakup is near. #patience pic.twitter.com/dgNmiDs0wn
        0 replies 2 retweets 3 likes
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      1. New conversation
      2. wallstcassandra‏ @wallstcass 1 May 2020
        Replying to @LukeGromen

        Don't be so disingenuous, I don't see the Shanghai gold contract being able to buy much food right now either... This is a supply chain issue, specific to the US right now as a result of virus induced absence/over consolidation of processing facilities. LT might be different...

        1 reply 0 retweets 0 likes
      3. Ancestral Simulation (3)37‏ @Maxwell2515 1 May 2020
        Replying to @wallstcass @LukeGromen

        Food scarcity is food scarcity

        0 replies 0 retweets 0 likes
      4. End of conversation

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