Tuesday, March 4, 2008

Saudis to end grain output?

Water, it seems is the 'ultimate' commodity play. Right now, all base metals, industrials and precious, agricultural commodities and oil have been in long bull markets. Water can be played through the ETF PHO (there are other choices, but I'll stick to this one) Water's hardly had a run..

Here's an interesting link:
Saudis to end grain output because of Water shortage

This is actually very scary at some level.