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An Industry That’s Booming in This Economy? Bet You Can’t Think of It
by profitconfidential on Aug 29, 2011
It’s difficult in this economy to come across businesses that are not just doing well, but also doing really well at a time when traditional industry and the services sector are slow. Yet, they’re out there and it’s only because most people don’t see the products that they don’t notice.
As we all know, we’re in a rising commodity price cycle. It started with oil, moved to precious metals and is now at the cusp of a major new price trend in agriculture. The weather’s been hard on crops this year and demand for cash crops is rising along with incomes in developing countries. Add in cheap money, a weaker U.S. dollar and a finite amount of productive land and it’s pretty easy to see that the agricultural economy is about to experience another boom.
Because the vast majority of people don’t see farming and agriculture in their daily lives, they don’t think of it as a stock market sector in which to invest. Yet, some of the best...Read More >>
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