Tomorrow, I’ll post some latest thoughts regarding inflation and deflation (thanks to reader Dave who rattled my cage on this). Here’s a small preview – when it comes to agriculture, the price trend looks destined to stay up, no matter what happens with the global economy.
I’m attacking the agriculture investment story with renewed vigor. From 2004 through 2008, I had looked very hard at the fundamentals of each member of the ag complex. Unfortunately, I used too much leverage, and gave back much of my profits in 2008. Oh well, lesson learned!
I’ve been very impressed in my initial re-dive into ag, as the story actually appears MORE bullish now than it did a few years ago. Here’s a short slide deck from Sprott Resources Corp. that makes the case for ag in a convincing, concise fashion.
For more bullish agriculture reading, here are a few recent stories:
- Our interview with Jim Rogers – why he loves agriculture more than ever
- Jeremy Grantham hops aboard the commodity bull
- The case for a rally in rice (my article for HardAssetsInvestor.com)