Cert Stock Horror Show-Case Study of 1996
Halloween is coming this month, and in keeping with the spooky traditions of this month I want to share a number with all of my #coffee friends that should send a shiver down your spine. That number is 1.7.
1.7 is the amount of months until #certifiedstocks hit zero using the past month’s rate of drawdown.
As always, I try to share a balanced view, and there are some rays of sunshine in this story, but I think that all of us in the #coffeemarket need to be aware of just what is the potential here.
In this brief article, I am going to talk about what can potentially happen if the market hits below 100k bags, what is the current trend, and what may derail