Вы находитесь на странице: 1из 20

The Hackett

Money Flow Commodity Report December 2, 2019

Commodity Market Analysis


For Hedgers and Investors

Growing Financial Success

CONTENTS

Early Start to the US Spring


Season Expected but
problems with drought and US Spring Planting Weather Outlook and Solar
floods to follow.
Cycle Update
Global Weather Volatility
Continues to Expand.

Current Solar Output lowest


in 150-years.

Natural Climate Cycles


Continues to Point to worse
weather conditions in the
years ahead.

La Nina Set to Arrive in the


2021-2022 growing seasons
causing record adverse
weather volatility and a
serious food scarcity crisis

-Published By
Hackett Financial Advisors, Inc.
Shawn Hackett, President
22641 Caravelle Circle
Boca Raton, FL 33433
561-573-3766
Email: Shawn@HackettAdvisors.com
www.HackettAdvisors.com

ISSN 1937-7207

Subscription includes a minimum of


48 issues. To subscribe, please
contact us via email or phone or
register on our website.
https://www.hackettadvisors.com/s
ubscribe.asp

Page 1 of 20 © Copyright 2007- 2019 Hackett Financial Advisors, Inc


The Hackett
Money Flow Commodity Report December 2, 2019

Commodity Market Analysis


For Hedgers and Investors

US Spring Planting Forecast

The basis of this weather forecast is an amalgamation of our research on the temperature and
moisture trends for the US Spring Planting season for 2020 is the following:

1) The sunspot trough of the 11-year solar cycle


2) The first sunspot trough in the 200-year Grande Solar Cycle Minimum
3) The Gleissberg Solar Amplitude Cycle
4) The transition year away from El Nino central tropical pacific sea surface temperature
anomalies towards La Nina central tropical pacific sea surface temperature anomalies (ENSO)
5) The Rotation of the Sun around the center of mass of the solar system known as the
barycenter
Astonishingly, the majority of weather models that most weather forecasters rely upon to predict
future weather factors none of the above considerations other than ENSO. No wonder most
weathermen can’t predict the weather beyond 2 weeks out maybe.

The forecast is this. We are looking at an early Spring season for the majority of the US and
especially key Ag growing areas. Many areas will see springtime temperatures as early as the back
half of February 2020. We will not see cold wet weather in the Spring of 2020.

It instead will be warm, hot and dry. Because of last years’ experience, US farmers will start planting,
in our view, at record early dates and many areas will see record early planting progress.

If last year the wet weather caused a nosedive in grain prices due to the mantra “rain makes grain”
ethos to then be followed by too much rain reversal spike trade higher….this season will be the
mantra that “early planting makes grain” ethos which will nosedive grain prices only to see bone dry
drought conditions persist into mid Spring that will begin to raise red flags about poor emergence
and a lack of a suitable establishment cause a bullish spike reversal higher.

But remember that the Grande Solar Cycle Minimum is a weather volatility expansion cycle beyond
anything else and with that comes sudden changes in temperatures and moisture at times. The
research we have done suggests that this severe bone-dry drought like mid-spring conditions will
lead to a sudden bout of torrential flooding rains later on in May and into June 2020.

So not only will early planting be in question due to drought that followed but to then have flooding
rains inundate bone dry arid soils will add insult to injury in lost topsoil and maturation problems
for developing crops.

Disease issues, fertilizer wash-off issues and drowned out areas will cause severe concern that what
was supposed to be a year of much better crops due to early planting and increase planted acres will
be anything but that.
^back to top^

Page 2 of 20 © Copyright 2007- 2019 Hackett Financial Advisors, Inc


The Hackett
Money Flow Commodity Report December 2, 2019

Commodity Market Analysis


For Hedgers and Investors

So, what does this all mean for producers, end users and traders? First, what it means is that any
increase in grain prices we expect to see this winter due to a confluence of reduced USDA grain
supplies, possible phase 1 china trade deal, adverse return to dry south American weather and a
possible rebound in the Brazilian Real needs to be sold aggressively when our Smart Money
Indicator generates sell signals.

What it also means is that there will be an immense opportunity to buy during mid-spring on the
“early planting makes grain” price sell off that will likely ensue. End users of grain should be
particularly looking at mid-spring to procure longer team physical feed needs. We will be looking
for our Smart Money Insiders algorithm to generate buy signals during this time to take actions.

What it also means is that natural gas prices are going to crash and burn due to the early end to the
winter and early arrival of spring. Any rallies that may occur in December/January on renewed cold
weather should be sold by producers and we will be looking for Smart Money sell signals to help
time those sales.

What it also means, given the drought like conditions we expect in mid-spring to then be followed
by flooding rains, is that there could be a monumental crop failure in the cards for US winter wheat
crops that are already in difficult conditions due to the early winter we had forecasted would occur.

That looks to us to be the potential trade of the ear for 2020 based upon this forecast. We will have
more to say about summer and fall prospects for 2020 in later reports but the current Spring 2020 US
planting forecast should suffice into giving you all a very good template and roadmap ahead of what
to be looking for and how one should be thinking about their hedging and trading positioning.

On the pages that follow we give everyone a fresh update on the overall solar cycle trends and
natural climate change indicators/cycles. Please take the time to read this section as it is chock full of
valuable information that will be the basis for future weather phenomena to come.
Solar Cycle Update
In order to predict the likely future weather events to take place in the US and globally you have to
have a clear understanding of where we are in terms of the current 11-year solar cycle and where we
are at in terms of the Grande Solar Cycle Minimum. But before we do that, we wanted to give one a
very clear indication of what natural forces have driven and continue to drive our climate and what
they are saying right now.

What drives our climate:

1) The activity of the Sun


2) The Rotation of the Sun Around the Solar Systems center of Mass (Barycenter)
3) The sea surface temperature regime of the Central Pacific Ocean, the AMO and PDO.
4) The Milankovitch Cycle which covers the climactic impacts of the earths orbit around the sun
(eccentricity), earth’s tilt, and the orientation of earths rotational axis(precession)
^back to top^

Page 3 of 20 © Copyright 2007- 2019 Hackett Financial Advisors, Inc


The Hackett
Money Flow Commodity Report December 2, 2019

Commodity Market Analysis


For Hedgers and Investors

Understand, that all of the above are controlled and abide by recurring cycles that can be predicted to
help guide future weather forecasting. The earth is a well tooled time clock that has a statistical
beauty that works in perpetual harmony to maintain equilibrium at all times.

But understand these cycles are always in motion so the climate will always be and always has been
in a constant state of change. There does not exist a steady state or normal state of climate.

The forces at work here are so massive and so intricate that there is nothing humans can do on earth
to stop the climate from changing naturally. The only thing humans can do is be aware of these
natural forces and prepare, adapt and innovate through them.

Right now, we are in what we call a weather volatility escalation cycle that is normal and occurs at
two distinct times throughout history. When the sun is maximizing its solar irradiation (meaning
maximum number of sunspot activity i.e. the 1930’s epicenter of weather volatility and when solar
irradiation reaches its minimum (lack of sunspot activity) as we find ourselves today that was last
seen in the late 1700’s and early 1800’s.

These periods of maximum and minimum solar irradiation cycles tend to last ~30 to 50 years before
the sun normalizes back to the mean.

Right now, we are in a clear solar irradiation reduction cycle where sunspot activity is very low and
expected to stay low for the better part of the next 30 years. That means the weather volatility
expansion we have seen over the last several years is just the beginning and not the end and the
weather is going to get much worse and much more disruptive to all life on the planet but especially
the ability to grow food at quantities the world will need to survive.

Unfortunately, the world never acts until there is a crisis. So it will take a legitimate food supply
crisis with harmful humanitarian consequences and famines in countries that cannot grow enough of
their own food for the world to step forth and realize that instead of chasing disposable income with
taxation that cannot and will not alter the current climate, we should instead be investing in ways to
cope with this new weather volatility cycle driven by the Sun quiescent activity and the current
alignment of the planetary forces that fine tune this and modulate this unstoppable force.

Our research suggests that the food crisis that will change the worlds thinking on what needs to be
done and what can be done will occur between 2021 and 2023 timeframe.

This period is where the first La Nina ENSO condition state will occur at the first solar cycle trough
within the first Grande Solar Cycle Minimum in over 200 years. If anyone thought the weather has
been unfavorable the last several years in the US, for example, the adverse weather that is coming
during this 2021-2023 period will be unimaginable, unthinkable and very dangerous.

^back to top^

Page 4 of 20 © Copyright 2007- 2019 Hackett Financial Advisors, Inc


The Hackett
Money Flow Commodity Report December 2, 2019

Commodity Market Analysis


For Hedgers and Investors

We expect that the low level of food prices that have given food a very low societal value relative to
less worthy endeavors is about to change and change in a major way. The only way the world can
begin to solve the problem of how we grow enough food under this ever-growing sun induced
weather volatility cycle is to have very high food prices that provides the capital for innovation and
creativity to make the changes that will be needed.

The value of food is the most undervalued asset in the world, and we are about to witness a onetime
revolutionary adjustment higher in prices that will forever be included in history books and
marveled by those that will wonder how no one saw it coming.

Those involved in the Ag space whether as a producer, end user, intermediary or investor will be
offered some of the greatest opportunities to not only prosper but also to be part of the solution to
help solve the problem at hand.

There will be no global issue that will take precedent over food scarcity/security over the next 30
years. This will have huge geopolitical, economic, humanitarian and societal consequences.

Let’s take a look at some of this pictorially for you to see.

An Example of Extreme Weather Volatility

(NOAA)
Notice above that over the last 365 days the US alone has set ~17,000 all time new record highs and
has also set ~17,000 all time record new lows. Now that’s is what I call weather volatility for you.
What is interesting is that if you listen to the media you would never know that we have broken just
as many cold records as we have hot ones over the last year. When the weather is hot the media tells
us, we are all going to die in 12 years because the planet is on fire. Where is the media when we are
setting all these record cold temperatures? How come they do not say we are all going to die because
the planet is going to freeze solid? Something does not seem to be right with how the media reports
weather.
^back to top^

Page 5 of 20 © Copyright 2007- 2019 Hackett Financial Advisors, Inc


The Hackett
Money Flow Commodity Report December 2, 2019

Commodity Market Analysis


For Hedgers and Investors

Greenland Ice Core Studies Show Reliable Temperature Cycles

(NOAA)(Temple)
For additional information on Ice core studies can read this quick synopsis below:

Ice cores are one of the most effective, though not the only, methods of recreating long-term records of
temperature and atmospheric gases.

Particularly in the polar region, but also at high elevations elsewhere, snow falls on an annual cycle
and remains permanently. Over time, a few decades, the layers of snow compact under their own
weight and become ice. By drilling through that ice, and recovering cylinders of it, it is possible to
reconstruct records of temperature and of atmospheric gases for periods of hundreds of thousands of
years.

Technologically the recovery of ice cores and their analysis is an amazing feat. Firstly, as engineering:
drilling thousands of meters in sub-zero temperatures, retrieving the cores and transporting them for
analysis is a major feat. Secondly, to analyses the content of the air bubbles, and determine not only
the proportion of different gases but also the proportion of specific isotopes of those gases is also
technologically challenging.

The temperature values are estimated from different isotopes of oxygen and hydrogen. The methodology
assumes that different isotopes evaporate at different rates depending on the temperature. It is
generally considered that the best estimate of temperature from ice cores is based on the use of both
Oxygen-18 and Deuterium. it is generally accepted that ice cores give a good representation of
temperature over very long periods

^back to top^

Page 6 of 20 © Copyright 2007- 2019 Hackett Financial Advisors, Inc


The Hackett
Money Flow Commodity Report December 2, 2019

Commodity Market Analysis


For Hedgers and Investors

The Ice Core Chart on the prior page shows down green arrows at the beginning of every Grande
Solar Cycle minimum based on the 200-year cycle. As you can see, the Ice core temperature readings
show a reliable reduction in temperatures from the beginnings of Grande Solar Cycle Minimums
and also show in down red arrows that every ~1000 years there is an unusual parabolic rise in
temperatures that leads into the beginning of the 1000 year grand Solar Cycle Minimum which is
where we find ourselves today. From that cycle have been your greatest rate of change reductions in
global temperatures. So, to deny this body of evidence one would have to be making the gamble that
4000 years of temperature data and established cycles will fail this time. That in our view is not a
very good gamble to make.

Based upon this Ice Core study, which is also confirmed by Ice Core studies in Antarctica and by tree
ring analyses done globally, that there is nothing going on with our climate that is unusual that has
not been seen before based upon the reliable cycles of the sun and planets.

The Total Solar Irradiation Hitting the Earth has Just Dropped to 150 years lows.

(POD)
^back to top^

Page 7 of 20 © Copyright 2007- 2019 Hackett Financial Advisors, Inc


The Hackett
Money Flow Commodity Report December 2, 2019

Commodity Market Analysis


For Hedgers and Investors

While following sunspots is the most widely used methodology for looking at the suns output the
most important chart is that of the actual suns energy output in aggregate which is cumulative over
time and space based upon multiple solar cycles. The chart on the prior page of the total solar
irradiation hitting the earth shows very clearly that the output of the sun is in a deep decline and has
recently reached 150-year lows. The question is not if we are in a Grande Solar Cycle Minimum, but
the real question is how low will this number get?

2019 Will Have the 4th Largest Sunspotless Days in 150 years-Expect 2020 to Break the
1913 150-year High

(weather bell)
Current Solar Cycle Outperforming the Last Grande Solar Cycle Minimum Called the
Dalton Cycle 5-This Suggest a More Extreme Minimum at Hand

(CommodityWX)
^back to top^

Page 8 of 20 © Copyright 2007- 2019 Hackett Financial Advisors, Inc


The Hackett
Money Flow Commodity Report December 2, 2019

Commodity Market Analysis


For Hedgers and Investors

The chart on the prior page shows our current solar cycle transposed onto the last Grande Solar Cycle
over 200 years ago called the Dalton Minimum. Not only are we following this prior Grande Solar
Cycle with incredible correlation, but we are also seeing the current cycle even more quiet and
outperforming it.

That suggests to us that the current Grande Solar Cycle Minimum we are entering will be more
severe than the Dalton Minimum. And as described by the 1000-year Grande Solar Cycle where
parabolic rises in temperature, which we have witnessed, lead to the greatest crashes in temperature
on the onset of the next Grand Solar Cycle also supports this notion.

The prior Grande Solar Cycle Minimum before the Dalton was called the Maunder Minimum where
sunspots were not seen for 20 years at all. Based upon the studies that physicists have done on the
current orientations of the 4 magnetic fields rotating around the sun, called the solar dynamo, we are
expecting a long period of no sunspots, but it will not encompass this entire 30 year expected Grande
Solar Cycle Minimum.

Based upon when these magnetic fields on the sun will be completely destructive and cancel each
other out offering the weakest magnetic field strength possible where sunspots cannot occur will be
the 10-year period from 2029 to 2039. So, this Grande Solar Cycle minimum will be a hybrid of
Dalton and Maunder.

Our hope is that the first 10 years which we have already started will be so bad that we get our act
together and begin finding solutions to adaptation and stop trying to change the climate which is
impossible to do.
Milankovitch Cycle

We ae not going to go over this cycle in this report but one can read more about it by going to the
link below:

To read about these longer-term natural cycles that impact our climate please go to the link below:
https://earthhow.com/Milankovitch-cycle/

What we will say is that the rotation, tilt and spin of the earth is always changing based upon the
constantly changing rotations, tilts and spins of every planet in our solar system. Each planet has a
different resonance frequency for each and the integration of all these resonance frequency cycles
impacts the climate on earth and impacts the Sun’s rotation around its barycenter which alters the
amount of solar irradiation exposure that hits the earth.

These are longer term cycles and are part of the 90-year Gleissberg cycle, the 200, 1000 and 2400-year
Solar Cycle trends that exist from ice core samples and tree ring studies. To read more about the
barycenter please use this link: https://spaceplace.nasa.gov/barycenter/en/
^back to top^

Page 9 of 20 © Copyright 2007- 2019 Hackett Financial Advisors, Inc


The Hackett
Money Flow Commodity Report December 2, 2019

Commodity Market Analysis


For Hedgers and Investors

All Solar Cycles Continues to Show That the current Grande Solar Cycle Minimum is
Going to be a Very Severe One

^back to top^

Page 10 of 20 © Copyright 2007- 2019 Hackett Financial Advisors, Inc


The Hackett
Money Flow Commodity Report December 2, 2019

Commodity Market Analysis


For Hedgers and Investors

We hear from the media about the current climate change debate that the quote “science has been
settled”. Anyone who has a rational thought process who looks at the long-term research on climate
must know that the science is not settled in the least. Why does the media not discuss these other
well-known and well understood impacts to long term climate change?

When we do correlation studies between temperature and CO2 in the atmosphere, we cannot find a
correlation that is statistically significant.

Correlation studies going back 1000’s to 100,000’s to 1,000,000’s of years show no correlation between
CO2 concentrations and temperature.

Given that the media promotes that the last 40 years of supposed warming is statistically significant
we went back and looked at CO2 versus temperature over the last 150 years which is still a
statistically insignificant data set but more significant than just to look at the last 40 years.

What we found was a correlation coefficient of .35. The minimum threshold for a statistically
significant correlation is to reach .75. What .35 means is that 35% percent of the time CO2 and
temperature move in the same direction and 65% of the time they do not.

That means there is no credible correlation between the two and on a longer-term time horizon the
correlation coefficient is even worse at only .16.

So, unless someone can find a statistically significant data set between temperature and CO2 there is
no major causal effect.

Whatever effect there is, by definition of the correlation study, must be small and on top of this it is
well established that the energy absorption and emission properties of CO2 are such that they follow
a logarithmic pattern based upon rising concentrations.

Meaning that as concentrations rise the energy emission effects of CO2 fall rapidly to a point where
they are saturated and no longer can provide any additional warming properties.

This was a point that the high-profile Princeton University physicist William Happer publicly
pointed out.

This would suggest that whatever warming contributions there have been are largely behind us and
that any additional increases in CO2 should they occur will have minimal perceptible contributions.

^back to top^

Page 11 of 20 © Copyright 2007- 2019 Hackett Financial Advisors, Inc


The Hackett
Money Flow Commodity Report December 2, 2019

Commodity Market Analysis


For Hedgers and Investors

Cosmic Rays Hitting the Earth’s Atmosphere Have Reached New All-time Highs

Global Cloud Cover Has reached New All time Highs

(NASA)

The two charts above confirm that the Suns activity has gone dangerously quiet. When the magnetic
field strength of the sun weakens which is why sunspot activity declines it allows highly charged
cosmic rays to hit the earth in greater quantities than normal. This increased bombardment of cosmic
rays provides two major changes to earth’s climate.

One is that it increases nucleation and ionization in the atmosphere which is the basis for increasing
cloud formation. The increase in cloud formation provides greater fuel for more severe storms,
floods and extreme storm conditions like bomb cyclones. Increases in cloud formation also block the
solar irradiation that is hitting the atmosphere from reaching the earth. This has the impact of
cooling the oceans over time and causing a cold feedback loop.

What cosmic rays also do is penetrate the center of the earth mantel and disrupt tectonic activity that
leads to increased large earthquake activity and increased higher order volcanic activity. Large

^back to top^

Page 12 of 20 © Copyright 2007- 2019 Hackett Financial Advisors, Inc


The Hackett
Money Flow Commodity Report December 2, 2019

Commodity Market Analysis


For Hedgers and Investors

volcanic eruptions that reach a volcanic explosivity index of 6 or higher have large impacts to cooling
the climate markedly and also increasing the severity of weather patterns. There have been 8 VEI-6
or higher volcanoes over the last 2000 years and 7 of them occurred during Grande Solar Cycle
Minimums trough periods.

When Mount Tambora went off in 1815 during the last Grande Solar Cycle Minimum it set off
several years of some of the coldest and most severe weather conditions globally seen to this day.
That eruption caused the famous “year without a summer”. To read more about that time please use
the link below:

https://scied.ucar.edu/shortcontent/mount-tambora-and-year-without-summer

We are going to see at least one if not several of these higher order eruptions to occur over the next 30
years and especially at the trough periods like we are at now.

So, all this to say that the key mechanism for why the quieting of the sun produces and will continue
to produce increased in weather volatility is because it induces a meridional jet stream instead of a
zonal one. Lower Solar irradiation hitting the atmosphere cools the outer layer and causes the
atmosphere to shrink thereby crimping the Jet Stream like a rubber band around a sphere and
making it loopier. This north to south loopy jet stream forces cold polar air over the poles to dive
down into the lower latitudes.

This is why the Arctic and Antarctic have been warming so much and why ice melt has been above
normal. This is a normal natural phenomenon of the lower output of the sun and is not a human
induced effect. So, it is a redistributing of the cold air not a net warming construct. That is why it can
be record hot and record cold at the same time in different places. Also, a loopy jet stream causes
severe clashing between cold and hot air that forms violent stagnant storms that can cause stagnant
patterns of never-ending droughts or floods in the same place for months and even years.
Actual July 2019 Jet Stream Positioning in Europe

Record cold and


wet

Record heat and


drought
^back to top^

Page 13 of 20 © Copyright 2007- 2019 Hackett Financial Advisors, Inc


The Hackett
Money Flow Commodity Report December 2, 2019

Commodity Market Analysis


For Hedgers and Investors

At Solar Cycle Troughs there is a very reliable El Nino to La Nina Switch Over

The rhythm of the sun is amazing. If you study it, you can get a real understanding of what weather
changes are coming. One of those is the timing of El Nino and La Nina conditions based upon the
11-year solar cycle. As we approach a solar cycle trough an El Nino will form, which we have
already seen last year and that then leads into a transition to a La Nina as we move into the heart of
the trough which is where are heading into now.

So, we can say with very high confidence that a major La Nina will arrive in the 2021-2022 period. A
La Nina is a hot dry summer pattern for the US and a long cold weather winter pattern. This is one
of the reasons why we are forecasting a devastating winter that will take place between 2021 and
2022. It is also why this year in 2020 will be the transition year and offer an early spring with
drought like conditions followed by flooding.

Weather repeats and rhymes over and over. If you follow weather cycles and statistics, you can have
a very good read on the major weather patterns that are about to unfold.

^back to top^

Page 14 of 20 © Copyright 2007- 2019 Hackett Financial Advisors, Inc


The Hackett
Money Flow Commodity Report December 2, 2019

Commodity Market Analysis


For Hedgers and Investors

Current Expectations Confirm that 2020 will be largely a transition year moving away
from an El Nino Condition and Over to a La Nina Condition

El Nino

La Nina

Central England December Temperatures Since 1859 are Showing Increased


Temperature Volatility but no net Warming

^back to top^

Page 15 of 20 © Copyright 2007- 2019 Hackett Financial Advisors, Inc


The Hackett
Money Flow Commodity Report December 2, 2019

Commodity Market Analysis


For Hedgers and Investors

The PDO (Pacific Decadal Oscillation) and the AMO (Atlantic Multidecadal
Oscillation)
The PDO and AMO are ways to gauge the sea temperatures of the two key bodies of water that have
a huge impact on global temperatures and over weather patterns and air flows globally.

They both have a very cyclical 40-year pattern of cold to warm and warm to cold that has and will
continue to modulate the earths climate.

When we ran our correlation coefficient studies on the changes in the combined temperatures of the
PDO and AMO against US and global temperatures, we found that they were highly correlated with
a .92 reading. That means 92% of the time global temperatures and the temperature of these two key
bodies of water will move int the same direction.

So, with this established and well-known natural template temperature phenomenon, why is the
media not discussing this critically important natural driver of climate change?

Why would they promote CO2 versus temperature that has no statistically significant correlation
coefficient and not promote the PDO/AMO connection which has a very higher statistically
significant correlation?

Something seems to be seriously wrong with how the media reports on weather. Maybe or perhaps
taxing the sun and oceans is not as logistically easy thing to do as trying to tax carbon emissions?

Bottom line from all of this is one must follow the data and only the data and view the truth
through the actual numbers. Opinion, hearsay and conjecture won’t cut it as what is about to
happen with the weather according to our research is going to be very serious and preparing for it
will save lives but ignoring it will put many in the world in great peril.
The 40-Year PDO+AMO Temperature Cycle Tops in 2020

^back to top^

Page 16 of 20 © Copyright 2007- 2019 Hackett Financial Advisors, Inc


The Hackett
Money Flow Commodity Report December 2, 2019

Commodity Market Analysis


For Hedgers and Investors

The chart on the prior page clearly shows how the 40-year sea temperature cycle of the combined
PDO and AMO have clearly defined the US temperatures with a very high correlation. That 40-year
cycle tops in 2020.

This means that global and US temperatures would be expected to start falling as they did between
1940 and 1980 simply by this natural climate cycle. But what is even more sinister is that this time
we have also entered into a Grande Solar Cycle minimum which we did not do back in 1940. So, we
can expect that declines in temperature and the increases in weather volatility to be on a much
higher order of magnitude than which was seen between 1940 and 1980.

Katie bar the door as agriculture prices and investment are about to go viral in the years just ahead.

Have a blessed day and may your Ag hedging and trading decisions be Smart ones.

Hackett Financial Advisors Inc. specializes in the agricultural space where there is far less coverage
by the commodity analyst community and where some of the greatest opportunities should remain
in the years ahead. While everyone on the planet has an opinion on Crude Oil or Gold there are very
few who study agriculture in the manner that we do.

We would be happy to see if opening an account with us would fit your needs whether as a
commercial operator and/or a professional investor/firm.

Apply for an account online with the following link:

https://rraos.rjobrien.com/Account/Register

^back to top^

Page 17 of 20 © Copyright 2007- 2019 Hackett Financial Advisors, Inc


The Hackett
Money Flow Commodity Report December 2, 2019

Commodity Market Analysis


For Hedgers and Investors

Also remember that you can also open an account with us at Hackett Financial Advisors Inc. We clear all our
operations through R.J. O'Brien & Associates which is the oldest and largest independent futures brokerage and clearing
firm in the United States. A futures commission merchant (FCM), RJO is a full clearing member of the CME Group (founding
member of the Chicago Mercantile Exchange) and all its markets; Intercontinental Exchange (ICE); NYSE Life U.S.; and the
CBOE Futures Exchange (CFE).

RJO offers the latest in order entry technology coupled with 24-hour execution and clearing on every futures exchange
worldwide. Clearing more than 100,000 client accounts, the firm provides a full range of services to the industry’s largest
global network of introducing brokers (IBs) and to commercial, institutional, international and individual’s clients. These
include more than 400 IBs and many of the world's largest financial, industrial and agricultural institutions. We do not engage
in proprietary trading; all our business focuses on our valued clients.

 Our Place in the Industry

Founded in 1914, RJO is one of the last 'boutique' futures firms in the industry. It is a privately held business majority owned
by the O'Brien family of Chicago. The O’Brien’s have been instrumental in the development of the futures industry and
remain committed to the continued growth of the company and our leadership within the industry.

With client assets of approximately $3.6 billion, RJO is a well-diversified, fully integrated FCM. The firm regularly captures
top-tier market share in both agricultural and financial futures products at both the CME and CBOT

If you have any questions about any of the content in this report, please call me at (888) 535-5525 or
e-mail me at Shawn@HackettAdvisors.com . Thank you for reading and I hope your future
investment decisions turn out to be prosperous ones.

Best Regards,

Shawn Hackett, President

^back to top^

Page 18 of 20 © Copyright 2007- 2019 Hackett Financial Advisors, Inc


The Hackett
Money Flow Commodity Report December 2, 2019

Commodity Market Analysis


For Hedgers and Investors

The information, tools and material presented on HACKETTADVISORS.COM (this web site), in the HACKETT MONEY FLOW REPORT and in the HACKETT
STOCK REPORT are provided for informational purposes only and are not to be used or considered as an offer or a solicitation to sell or an offer or solicitation to
buy or subscribe for securities, investment products or other financial instruments, nor to constitute any advice or recommendation with respect to such securities,
investment products or other financial instruments.

The information presented on HACKETTADVISORS.COM (this web site), in the HACKETT MONEY FLOW REPORT and in the HACKETT STOCK REPORT is
prepared for general circulation. It does not have regard to the specific investment objectives, financial situation and the particular needs of any specific person who
may receive this information.

You should independently evaluate particular investments and consult an independent financial adviser before making any investments or entering into any
transaction in relation to any securities mentioned on HACKETTADVISORS.COM (this web site), in the HACKETT MONEY FLOW REPORT and in the
HACKETT STOCK REPORT.

The use of HACKETADVISORS.COM is at your own sole risk. HACKETTADVISORS.COM is provided on an "as is" and "as available" basis. Hackett Financial
Advisors, Inc. makes no warranty that HACKETTADVISORS.COM will be uninterrupted, timely, secure or error free.

No charts, graphs, formulae, theories or methods of securities analysis can guarantee profitable results. This document does not purport to be a complete description
of the securities or commodities, market or developments to which reference is made.

The information contained in HACKETTADVISORS.COM (this website), in the HACKETT MONEYFLOW REPORT and in the HACKETT STOCK REPORT has
been taken from trade and statistical services and other sources, which we believe are reliable. Hackett Financial Advisors, Inc. does not guarantee that such
information is accurate or complete and it should not be relied upon as such. The HACKETT MONEY FLOW REPORT and the HACKETT STOCK REPORT are
written as weekly tools to help investors make better financial decisions. Any opinions expressed reflect judgments at this date and are subject to change without
notice. The principals of Hackett Financial Advisors, Inc. and others associated or affiliated with it may recommend or have positions which may not be consistent
with the recommendations made. Each of these persons exercises judgment in trading and readers are urged to exercise their own judgment in trading. Past
Performance is not indicative of future results.
.
FUTURES AND COMMODITIES TRADING AND STOCK INVESTING AND TRADING INVOLVES SIGNIFICANT RISK AND IS NOT SUITABLE FOR
EVERY INVESTOR. INFORMATION CONTAINED HEREIN IS STRICTLY THE OPINION OF ITS AUTHOR AND IS INTENDED FOR INFORMATIONAL
PURPOSES AND IS NOT TO BE CONSTRUED AS AN OFFER TO SELL OR A SOLICITATION TO BUY OR TRADE IN ANY COMMODITY OR
SECURITY MENTIONED HEREIN. INFORMATION IS OBTAINED FROM SOURCES BELIEVED RELIABLE, BUT IS IN NO WAY GUARANTEED.
OPINIONS, MARKET DATA AND RECOMMENDATIONS ARE SUBJECT TO CHANGE AT ANY TIME. PAST RESULTS ARE NOT INDICATIVE OF
FUTURE RESULTS.

^back to top^

Page 19 of 20 © Copyright 2007- 2019 Hackett Financial Advisors, Inc


The Hackett
Money Flow Commodity Report December 2, 2019

Commodity Market Analysis


For Hedgers and Investors

This material has been prepared by a sales or trading employee or agent of Hackett Financial Advisors Inc. and
is, or is, a solicitation. This material is not a research report prepared by R.J. O’Brien’s Research Department. By
accepting this communication, you agree that you are an experienced user of the futures markets, capable of making
independent trading decisions, and agree that you are not, and will not, rely solely on this communication in making
trading decisions.

DISTRIBUTION IN SOME JURISDICTIONS MAY BE PROHIBITED OR RESTRICTED BY LAW. PERSONS IN


POSSESSION OF THIS COMMUNICATION INDIRECTLY SHOULD INFORM THEMSELVES ABOUT AND
OBSERVE ANY SUCH PROHIBITION OR RESTRICTIONS. TO THE EXTENT THAT YOU HAVE RECEIVED
THIS COMMUNICATION INDIRECTLY AND SOLICITATIONS ARE PROHIBITED IN YOUR JURISDICTION
WITHOUT REGISTRATION, THE MARKET COMMENTARY IN THIS COMMUNICATION SHOULD NOT BE
CONSIDERED A SOLICITATION.

The risk of loss in trading futures and/or options is substantial and each investor and/or trader must consider whether
this is a suitable investment. Past performance, whether actual or indicated by simulated historical tests of strategies, is
not indicative of future results. Trading advice is based on information taken from trades and statistical services and
other sources that Hackett Financial Advisors Inc. believes are reliable. We do not guarantee that such information is
accurate or complete and it should not be relied upon as such. Trading advice reflects our good faith judgment at a
specific time and is subject to change without notice. There is no guarantee that the advice we give will result in
profitable trades.

^back to top^

Page 20 of 20 © Copyright 2007- 2019 Hackett Financial Advisors, Inc

Вам также может понравиться