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%.