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  • The Global Agricultural Boom: No Bubbles Here (Demand is real and so is Supply Constraint)

    04/20/2008 8:37:43 AM PDT · by SeekAndFind · 7 replies · 59+ views
    Seeking Alpha ^ | April 17,2008 | Michael Pento
    Many investors have become contrarians and are now apparently experts in being able to spot bubbles. Hence, they all are fully aware that a bubble exists in agricultural commodities at this juncture. Really, you can listen to just about any financial source and hear some commentator warning about the epic bubble that is evident in agricultural commodity prices. However, some of these same folks were completely blindsided by the collapse of the tech bubble in 2000. And they also were shocked that real estate prices could ever decline in value. Of course, this new class of maverick investor is also...