21 August, 2010

Whenever Food Prices Go Up, You Get Inflationary Pressures

I think eventually inflation will accelerate. Whenever food prices go up, and grains have been very strong recently, with the sum delay, you get inflationary pressures.

www.financialpost.com

Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.

Related ETF: PowerShares DB Agriculture Fund (NYSE:DBA)