Wednesday, December 12, 2007

Geeky Chart That Matters

This is from the ETF Digest Daily Summary. "DBA" is a basket of agricultrual commodities and the chart is reflective of prices of those commodities. Note the little bubble that suggests that there is currently a six week inventory of wheat right now due to problems in Australia and ethanol production (thanks George).

Be prepared for food prices to continue to climb significantly down the road.

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