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Keyword: inflationshortages

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  • Rabobank Warns Coffee Prices May ‘Soar Out Of Control’ As Stockpiles Plunge

    02/16/2022 6:24:18 PM PST · by blam · 37 replies
    Zubu Brothers ^ | 2-16-2022
    Goldman’s head commodity strategist and one of the closest-followed analysts on Wall Street told the audience of Bloomberg TV last Monday of commodity markets pricing in shortages. “I’ve been doing this 30 years and I’ve never seen markets like this,” Currie told Bloomberg in an interview. “This is a molecule crisis. We’re out of everything, I don’t care if it’s oil, gas, coal, copper, aluminum, you name it we’re out of it.” This leaves us with one particular commodity that most Americans use daily, and it’s not crude products, such as gas and diesel, but, in fact, coffee. Over 150...