Tuesday, April 27, 2010

A Time to Remember

Time: The Greatest of All Commodities

Time, the most valuable commodity of all, has become scarcer, despite the many advances in technology with which we've been blessed. Many fail to realize this, but the purpose of most technologies is to save time, which is suppose to add to the quality of the human experience. Not many decades ago, the world was largely agriculturally based. The work day for most farming families started long before sunrise and ended at sunset. After a little dinner and perhaps 30-minutes of story telling, the lights went out in the household to rest up for the entire cycle to begin again. I know this cycle all too well because I lived it each summer during visits to my grandparents' home.  

Technological advancements over the years have managed to shorten our work day, adding more leisure time to our lives, which we have in turn crammed and cluttered up with a myriad of useless things. Only those who have greatly resisted life's tendency to eat away at our most precious commodity (free time) have managed to preserve a portion of it free and clear of the madness. For me, this protected and preserved "me" time occurs each day at the gift of dawn. It is a time when silence is profound, a time of innocence and soft thoughts. Simply put, it is the childhood of the day.

I don't exactly know why, but the dawn brings about deep reflection for me. It always brings about a gentle remembering. As I walk to my large picture window to greet the day, I often find my mind wandering back to the tender days of my childhood, milking my grandparents' cows, feeding the chickens and playing with the livestock. I believe that my deep affection for trading commodities today stems from this gleeful period in my life when nothing else mattered but the playfulness of the heart. 

With the memory of my grandparents alive in my heart, I take my morning cup of coffee in both hands and lift it ever so slightly toward the dawn. I am alone; there is no one to see. This is my private gesture - my acknowledgement, my offering, my moment of thankfulness for the gift of this awakening day. With this simple gesture, I raise this common act from routine to ritual, and invest my day with a attitude of praise. I am blessed. I am blessed. I am blessed.

The Other Commodities


I'm not sure if you've noticed, but in the little treatise above, many of the commodities I am interested in or have trades in were mentioned. Milk, Live Cattle and Coffee, all of which appear below. I have found that many have forgotten the calls I made on these, largely because some readers appear to be only equity traders, and therefore nix the commodity mentions. This is a very big mistake, because it negates the biggest value one can derive from The Velez Opportunity Report, namely Education and Knowledge, which is the truest form of wealth. 

There is absolutely no doubt that the plays I've chosen for The Velez Opportunity Report have been enormously profitable, and I see no reason why the same level of profitability will not continue in the future. But profits, after all, are fleeting. Once they are had, they are gone and in a sense cease to exist.  However, the knowledge that produced those profits is priceless and lasts a lifetime. The hen that lays golden eggs is far more valuable than the eggs which it lays. In the same fashion, the knowledge that produced the profits in EK, MNKD, BAC, GCA, PACR, TOL, CLRT, DGP, Gold, Cotton, Crude Oil, Live Cattle, the U.S. Dollar, etc, just to name a few, is far more valuable then all the gains from these combined. Knowledge is power and while profits can dissipate, knowledge is yours forever, and it rewards forever. Do not forget. It's always a time to remember. 

With that being said, below you will find updates on a few of the commodity positions taken a while back. Try to glean the little nuggets of wisdom and the lessons inherent in each. Go back to the original mention to flesh out the reasoning behind some of them. This practice is likely to reward you handsomely during your membership to The Velez Opportunity Report. Enjoy!

The Commodity Updates