Coffee and Sunspots?

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Look directly at the recent news stories relating coffee prices to solar phenomena… and be blinded to the reality of what's actually causing the ups and down in the futures market.

Here's the gist. On April 25, coffee prices opened within a bean's throw of a seven-week high. And, according to the fundamental "experts," one main factor was behind the rise:

Regions on the surface of the sun marked by lower temperatures than its surroundings, producing cool gases of up to 4000-4500 Kelvin that appear as big dark splotches through a telescope.

For those of us WITHOUT a Masters degree in astronomy, one April 25 Futures Source spells it out in laymen's terms:

"An 11-year sunspot cycle bringing cooler temperatures to the Southern Hemisphere" has coffee growers bracing "for cold threats to their May harvests." 

Needless to say...hooey! Don't listen to hokum like this.



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