Well…duh. Full story Summary: US retail prices in 2007 rose about 4% – highest gain in 17 years Similar gains expected for 2008 Reduced production of meat and poultry expected in 2009 (our next investment theme, maybe?)
Scary moment last Thursday. Like many commodity investors, I was feeling good about the fact that commodities are not highly correlated with other asset classes. Or so I thought. My account had been holding up well throughout the credit crunch. Then all hell broke loose on Thursday. Many hedge funds had margin calls, and were […]
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