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Old 11-19-2009, 02:02 PM   #1
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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
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Old 11-19-2009, 02:05 PM   #2
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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.
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Old 11-19-2009, 02:08 PM   #3
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Rice crisis? That sounds serious. Yeah, I guess there is money to be made for this common staple food.
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Old 11-19-2009, 02:08 PM   #4
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where do you guys even go to see rice prices and things like that?
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Old 11-19-2009, 02:35 PM   #5
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makes me consider buying more paddies out here ;)
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Old 11-19-2009, 02:50 PM   #6
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i own three rice fields
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Old 11-19-2009, 03:09 PM   #7
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Originally Posted by ipolic View Post
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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