Wednesday, January 17, 2018

Future demand and supply imbalances in agricultural commodities may drive prices higher

Jim Rogers on why Agriculture is set to go higher and why we may see rising inflationary data.

“We are already seeing inflation in many places and many products, [but] most governments lie about it. They have a reason to lie about it. Prices are going up and it is going to get worse. In the past three or four years, inflation has been covered up by the [fall in] crude oil prices, which have come down so much. It is the single most important thing in the cost of living."

“When agricultural prices [start] going higher and oil is also going higher. Yes, we are going to suffer [from high inflation]."

via theedgemarkets