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Rice Continues to Explode Higher

Posted on April 21, 2008

We had fun this week in the market - I continue to believe the ideathat printing money inflates all assets, including equities tounnatural levels... thankfully it does not cause any ill effects to the rest of the world.Remember - agflation, food protectionism, social unrest- my 3 themes for this food crisis that is going relatively ignored.Coming to a 2nd or 3rd world country near you. Rice - biggest weeklyadvance on top of a 50% gain in a previous 2 week period. [Apr 6: Agflation Hits Rice - Prices Up 50% in 2 Weeks]It's all good - Western governments, led by Helicopter in Chief Ben,printing ...

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chicago board of trade , china , data , economy , futures , india , rice futures , tax , trading