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Country: United States
Thursday, Jan 272011, 3:43 PMWorried about increasing prices, short supplies, and political unrest, developing countries are stockpiling staples. Wheat touches a new 29 month high after Algeria and Saudi Arabia announce extraordinary purchases. Indonesia, which usually buys rice 200K tons at a time, tenders for 800K. JJA +0.4%. |Thursday, Jan 272011, 3:43 PM| 1 Comment
Thursday, Jan 272011, 10:09 AMUnconcerned that China and India are tightening monetary policy, Jim Rogers sees commodities as a win/win investment. “If the world economy gets better, commodities are going to make a fortune. If the world economy does not get better, commodities are the place to be because they are going to print more money." |Thursday, Jan 272011, 10:09 AM| 4 Comments
Monday, Sep 212009, 1:44 PM