Thursday, May 14, 2009

Food is the new oil - Agricultural commodities will boom

Going against the grain may be costly. Investing in agriculture today will be like investing in oil in 2001 to 2002 when oil prices halved to US$17 per barrel says Marc Faber editor of The Gloom, Boom & Doom Report. Agricultural commodities fell by half from June 2008 highs, but fundamentals remain strong says Faber.

read more | digg story

No comments:

4-24-2024

Tesla profits drop 55%, company says EV sales 'under pressure' from hybrids   The Russian Hacker Group Sandworm is Back: New Kapeka ...