Wednesday, January 29, 2014

Faber recommending Wilmar International [WIL.Singapore], an agribusiness company

We've been discussing China's water problem. Pollution, too, has become so horrible that people are leaving China with their children. Sometimes, entire cities break down. You hardly have a clear day in Hong Kong any more, or in Shanghai. Agriculture is in disarray because the water table is falling, and agricultural commodities prices have corrected significantly, despite all the money-printing around the world.
Prices for commodities, such as soybeans, corn, and wheat, are now at reasonable levels. I am recommending Wilmar International [WIL.Singapore], an agribusiness company.  - in 2014 Barron's Roundtable

Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.Dr. Doom also trades currencies and commodity futures like Gold and Oil.

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