08.01.2013 - Are commodity prices facing a food price cliff?
Before you could even say Hallelujah about the US government meeting its Jan. 1 fiscal cliff deadline, the mainstream financial media put us on the edge again, this time, with the food price cliff. Here's how the usual experts explain this next looming economic escarpment: Increasing inflation has combined with rising global demand, emerging market growth, and supply shortages to create a perfect storm for runaway prices of natural resources and commodities...............................................Full Article: Source
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