Thursday, January 08th, 2009

Hot Topics : Hard Assets to Soar in 2009 | Bailouts to Boost Asian Markets | Treasury Bond Short Too Obvious? | Resource Scarcity Ahead

Why Britain’s Going Back To The ’70s

May 20th, 2008 | By Ben Traynor | Category: International Investing

I want to start a collection of these ridiculous “Blame it on the Credit Crunch” stories. So if you see any yourself, I’d be very grateful if you could pass them on to me.

The address to use is fleetstreetdaily@fspinvest.co.uk

Many thanks!

Americans would rather starve than give up driving

“Sandwich Man is early!”

That was the cry from an excited Garry White this morning, as he scurried off to the office kitchen to buy his daily cheese and pickle bap.

Garry is a man who likes his food. But it isn’t just the delectable wares of Sandwich Man that makes Garry’s mouth water. Because for Garry, food has also proven to be an excellent investment.

His agriculture play has shot up 21.2% since he recommended it last November.

Just think of all the sandwiches Garry can buy now!

“So, are you planning to take profits?” I asked

“No chance!” he said.

According to Garry, the bull market in foodstuffs is only just beginning. One reason is that American farmers have abandoned producing food. They now grow crops to make ethanol instead, which is added to gasoline.

It’s all part of George Bush’s strategy to reduce US dependence on foreign oil — and keep American cars on the roads.

But it’s having a major impact on the price of food — and, says Garry, this is why you need food exposure in your portfolio.

Find out how to take advantage of Bush’s short-sightedness by investing in the food boom.

Until tomorrow

Ben TraynorSource: Why Britain’s Going Back To The ’70s

Pages: 1 2


AdvertisementAll major currencies available. Even some emerging ones.

Ready to diversify globally? At EverBank©, you can choose from more than 20 individual currencies, including some like the Czech koruna and the Brazilian real that are just emerging.

You understand the value of diversifying beyond the U.S. dollar. And at EverBank, you'll find a range of currencies and accounts that makes diversifying in foreign currency easy and convenient.

Apply today, get expert insights and more. Visit EverBank.com or call 800.926.4922.



More on this topic (What's this?)
CNBC: Boone Pickens on Oil
An Army of Forces Lifts Oil Prices
Read more on European Central Bank (ECB), Inflation, Oil Prices at Wikinvest

Pages: 1 2

Tags: , , , , , , , , , ,

By Ben Traynor

Related Articles



About the Author

Ben Traynor is a contributor to Fleet Street Daily of Fleet Street Publications.

See All Posts by This Author

Fleet Street Daily

The financial markets are currently going through their most turbulent period in years. The credit crunch continues to bite… the dollar is collapsing (and taking the pound down with it)… and a UK recession seems an inevitability. Commodities prices are going haywire… Asia's on the rise... there's a lot for investors to keep on top of! And it's changing every day! That's where the Fleet Street Daily comes in. A brand new, 100% FREE service that keeps you plugged into the financial stories that really matter.

See All Posts from This Publication