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What is the best way to profit from food inflation?

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howaboutme Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-06-11 11:41 AM
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What is the best way to profit from food inflation?
Or what's the best way to "play" it they ask? Those are the disgusting questions that Larry Kudlow on the CNBC channel asks. It's always about greed and making money with these people.

Many blame speculators driven by the likes of Wall Street and Goldman for the rising food and energy prices. The commodities commission (CFTC) in the USA once had restrictions on speculation in futures contracts for food and energy contracts. Only those that could take delivery and thus had a vested interest could bet on food and energy. Then Goldman Sachs received a special secret exemption some years ago and that gradually opened the flood gates.

Didn't Pres. Obama state that they were going to once again put restrictions on speculating in commodities, but that would probably only affect US exchanges and markets?

We need to take necessities out of the speculation market.
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hlthe2b Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-06-11 11:44 AM
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1. Buy funeral homes, I guess...
Since the economic and health care access policies of these assholes, pretty much insure a big rise in that business. :mad:
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siligut Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-06-11 11:47 AM
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2. I heard Kudlow say that
He is such a sell-out, and now this attitude of screwing the poor isn't even kept behind closed doors. It is broadcast nation wide. He is always a very unlikable jerk, but that was just blatant.
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OneTenthofOnePercent Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-06-11 12:03 PM
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3. Buy non-perishable foods or futures now.
Sell later.
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