Commodity Trading & Trend Following

I have been saying that the ripple effects will be loud and clear especially in the farming communities. There was a story in ABC news discussing exactly this..I assume there will be huge increases in food costs due to the lack of action on behalf of the CME and CFTC. If farmers, ranchers and users [...]

This is from CNBC
Where in the World Is Jon Corzine?
By: John Carney
Senior Editor, CNBC.com
When was the last time anybody saw Jon Corzine?
For several days following the bankruptcy of MF Global, Corzine was regularly appearing in the office. Sources at MF Global told me he spent his days in conference rooms with teams of lawyers and [...]

I was just forwarded this link from MFG facts. There is a hearing today with various Senators questioning Gary Gensler from the CFTC as well as Mary Shapiro regarding the MF Global bankruptcy.
http://ag.senate.gov/hearings/continuing-oversight-of-the-wall-street-reform-and-consumer-protection-act
But these guys are NOT asking why 1. Gensler gave it to the SEC and 2. why the SEC then pushed it to [...]

He needs our support to WRITE to CME and CFTC, that they need to back Customers and that Customers have priority over Creditors, especially over JP Morgan :
Letter Sent to CME Chairmen and CFTC Commissioners
Posted on November 29, 2011 by James Koutoulas
Reply
Dear All,
This Wednesday, November 30, I will be objecting to JPMorgan’s order [...]

Isn’t obvious that since most of us wired in our funds to MF Global that Harris Bank would be involved? Harris Bank is a division of Bank of Montreal which was the main custodian for customer money deposited with MF Global and kept in segregated accounts. The subpoena by the CFTC was served within the [...]

Senator Roberts from Kansas has taken the lead in investigating the MF Global Bankruptcy. What I did not know was that the Ag committee has jurisdiction over the CFTC.
I was forwarded an article from the State Column discussing Senator Roberts
It is below
U.S. Senator Pat Roberts (R-Kan.), ranking member of the Senate Committee on Agriculture, today [...]

The below is from MFG Facts site
Confusion Reigns: Trustee and CME Call Centers Now Twilight Zone
Trustee Giddens applauded himself to the court this week in a filing revealing the Trustee has responded to thousands of calls. These centers are organized to answer questions applicable to the 400 security clients only. So why was [...]

CNBC’s Kaminsky sums it all up in his statement “MF Global Is Having A Devastating Impact On Psychology”
Kaminsky is spewing the truth. Basically myself and every other commodity trader has been lied to! The CME statements regarding Financial safeguards are appalling as they were sitting in on the CFTC meeting on rules 1.25 and rules [...]

Below is a recent article from Reuters regarding MF Global and the CME lack of responsibility in handling the situation.
Insight: Farm belt rage over MF Global could chill markets
By Bob Burgdorfer and Philip Shishkin
CHICAGO/WASHINGTON | Mon Nov 21, 2011 9:12pm EST
(Reuters) - When the CME Group pledged $300 million of its own money to help [...]

There are many issues that are exceedingly strange. $600 million dollars does not just disappear. All wires can be traced ( unless maybe the truth is not meant to get out). Why was it reported in the news that the so called missing money was found at JP Morgan only to be refuted? In the [...]