An update on the worst drought in 50 years…
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in 08,someone asked me,”going forward, what would be the 4 things youd invest in”. without hesitation i said, ag,metals, oil,and a sprinkle of tech. i was specific in my tech,aapl of course.here it is,second half of 11 upon us.and my one pick that i see developing from a few months back, ag. just plain old ag. screw oil,screw tech, and a little metal thrown in for good measure…….. after reading this piece, ag still seems my choice.
I’d say specifically wheat based on seasonality and drought cycle.
Genesis 41
:53 And the seven years of plenty,
that was in the land of Egypt,
were ended.
:54 And the seven years of dearth began to come,
according as Joseph had said:
and the dearth was in all lands;
but in all the land of Egypt there was bread.
:55 And when all the land of Egypt was famished,
the people cried to Pharaoh for bread:
and Pharaoh said unto all the Egyptians,
Go unto Joseph; what he saith to you, do.
:56 And the famine was over all the face of the earth:
And Joseph opened all the storehouses,
and sold unto the Egyptians;
and the famine waxed sore in the land of Egypt.
:57 And all countries came into Egypt to Joseph for to buy corn;
because that the famine was so sore in all lands.
How many years into this “7 year cycle” are we?