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wow_happens28

01/08/15 4:24 PM

#9440 RE: DewDiligence #9436

What do you guys make of the disconnect between food and oil?

Since mid September oil is going for 50% less than it was and food is going for 5% more. Food is very energy intensive, not just for production, but also in shipping.

Thoughts or comments?

http://www.finviz.com/futures_charts.ashx?t=CL

http://stockcharts.com/h-sc/ui?s=RJA&p=D&yr=1&mn=0&dy=0&id=p74067688365

BTW, I have been using food(RJA) as a hedge for the dollar collapsing, and feel that if the dollar does not, food can still be strong.

http://kunstler.com/forecast/forecast-2015/