Crops would be a good store of value also, but they rot. A barrel of crude oil would be a good hedge against inflation and USDollar debasement also, but it's difficult (as well as dangerous and probably illegal) to store in your garage--and you can't put it in your pocket and bug out if the $hit were to hit the fan.
Stick with gold and silver coins and bars.
http://www.zerohedge.com/news/2013-08-26/soybean-corn-and-wheat-prices-are-surging
Showing posts with label wheat. Show all posts
Showing posts with label wheat. Show all posts
Monday, August 26, 2013
Friday, May 31, 2013
Asia curbs US imports of wheat after genetically modified sample found
Those betting against inflation will lose.
http://www.guardian.co.uk/environment/2013/may/31/genetically-modified-wheat-us-monsanto
http://www.guardian.co.uk/environment/2013/may/31/genetically-modified-wheat-us-monsanto
Labels:
Asia,
curbs,
genetically modified,
Monsanto,
US imports,
wheat
Tuesday, February 8, 2011
U.N. Food Agency Issues Warning on China Drought
Thanks to Kitty for finding this article.
http://www.nytimes.com/2011/02/09/business/global/09food.html?pagewanted=1&_r=1&hp
http://www.nytimes.com/2011/02/09/business/global/09food.html?pagewanted=1&_r=1&hp
Labels:
China,
drought,
food shortage,
wheat
Thursday, August 5, 2010
Severe drought in Russia
http://earthobservatory.nasa.gov/NaturalHazards/view.php?id=44743
Higher food prices coming to a supermarket near you.
Higher food prices coming to a supermarket near you.
Tuesday, August 3, 2010
Wheat prices soaring
Yes, but our government tells us deflation is our biggest fear, in order to rationalize printing trillions of more dollars.
http://www.ft.com/cms/s/0/51913ed6-9e60-11df-a5a4-00144feab49a.html
http://www.ft.com/cms/s/0/51913ed6-9e60-11df-a5a4-00144feab49a.html
Labels:
deflation,
energy prices,
inflation,
USDollar,
wheat
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