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Rethinking sugar

Posted on 14 November 2008

From Hardassetsinvestor.com: Why are Jim Rogers, and so many others (including Kevin Kerr in this week’s podcast), hot for sugar? It’s a matter of history. If you look back (way back), sugar is relatively cheap right now. In 1980, the average price for London refined sugar was a whopping 32.30 cents a pound.

In October of that year, it hit an average of 42.30 cents per pound. That is a far cry from sugar’s October 2008’s average price of 15.07 cents a pound…… Full Article: Source


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VRS - who has written 38189 posts on Opalesque Commodities Briefing.


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