Garry Whit
Monday, June 01, 2009
You are going to have to get used to the fact that you will have to spend a greater proportion of your income on food in the future - after decades of spending less.
That's according to Joakim Helenius, chairman of Trigon Agri, an integrated soft commodities producer in the Ukraine and Russia. He believes that food inflation has only just started - and he is not alone.
Commodities perma-bull Jim Rogers thinks people should not buy shares - he says they should buy commodities instead, especially agricultural commodities. (more)
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