Agriculture - Marc Faber makes outrageous commodity call

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Marc Faber makes outrageous commodity call

Thursday, May 14, 2009
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By Daily Crux guest poster Brett Owens:

Legendary investor Marc Faber says that investing in agriculture today will be like investing in oil in 2001, when it was priced at $17/barrel, according to The National Post.

Faber says record low inventories, declining agricultural productivity, and increasing demand will drive prices higher.

The falling productivity line is interesting. Faber says productivity in agriculture has been declining since 1990... and expects that trend to continue.

Read full article...

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Topics:		Agriculture \| Guru \| Commodities

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