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-   -   Making BANK off the commodities market: The coming RICE crisis (https://gfy.com/showthread.php?t=939409)

$5 submissions 11-19-2009 02:02 PM

Making BANK off the commodities market: The coming RICE crisis
 
Looks like there might be a huge global rice shortage soon. One way to interpret this alarming news is: MAKING BANK off the commodities action for this staple See http://www.philstar.com/Article.aspx?articleId=524861

dyna mo 11-19-2009 02:05 PM

Okay, rice prices have been dropping all morning, which means that everybody is waiting for it to hit rock bottom, so they can buy low.

Which means that the people who own the rice contracts are saying, "Hey, we're losing all our damn money, and Christmas is around the corner, and I ain't gonna have no money to buy my son the G.I. Joe with the kung-fu grip! And my wife ain't gonna f... my wife ain't gonna make love to me if I got no money!" So they're panicking right now, they're screaming "SELL! SELL!" to get out before the price keeps dropping. They're panicking out there right now, I can feel it.

ipolic 11-19-2009 02:08 PM

Rice crisis? That sounds serious. Yeah, I guess there is money to be made for this common staple food.

MikesTraffic 11-19-2009 02:08 PM

where do you guys even go to see rice prices and things like that?

kmanrox 11-19-2009 02:35 PM

makes me consider buying more paddies out here ;)

Fat Panda 11-19-2009 02:50 PM

i own three rice fields

Jimmy Rock 11-19-2009 03:09 PM

Quote:

Originally Posted by ipolic (Post 16567715)
Rice crisis? That sounds serious. Yeah, I guess there is money to be made for this common staple food.

I actually know a rice farmer/distributer in No. Cal the amount of money he makes each year puts any adult program to shame. so yes plenty of money in common staple foods


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