The Return of Unrest (did it ever leave?)

via Eric Peters:

Guns & Butter: The only thing more difficult than controlling millions of people, is controlling a billion. Heaven forbid they’re poor. Unemployed. Their stomachs empty, growling. So when nations start fighting, smart leaders start hoarding.

Anyhow, in the past 30days, non-edible commodities fell; oil -1%, natural gas -3%, copper -10%. But wheat surged 15%, corn+8%, soybeans +5%, oats +14%, coffee +39%, sugar +8%, cattle +4%, hogs+20%. Of course, gold is +4%.

And Smith & Wesson rallied +10%.


Peters Capital Group

Full Disclosure: Nothing on this site should ever be considered to be advice, research or an invitation to buy or sell any securities, please see my Terms & Conditions page for a full disclaimer.