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Excerpt: "Expect to pay more for groceries next year... Major food giants... have all announced they will need to hike prices in 2019 to offset higher freight and ingredient costs... Hershey’s... announced... plans to charge more for chocolate and other candy next year... Nestle is... raising its prices for bottled water..." Gordon: Hedge your future costs of rising food prices by buying an inverse commodity ETF. As commodity prices rise, share values rise accordingly, thereby offsetting price increases at the grocery store. It's as simple as a playground see-saw! Just put enough ETFs on one end to offset those bags of groceries on the other end. Easy, peasy.
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AuthorGordon Philips is a lifetime student of hidden history, a contrarian wealth coach and a Forex trading financial iconoclast who trusts politicians, Wall Street and the media about as far as he can throw a sold gold brick. ArchivesCategories
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