Be the first to like this
OIL PRICES, POSITIVE FEEDBACK LOOPS AND THE BACK OF AN ENVELOPE...
With the recent unrest in some of the world’s most critical petroleum producing regions I thought I might spend some time on the topic of oil prices. However, rather than engaging in what I believe is the largely futile exercise of attempting to predict the price of oil next week, next quarter or even next year, I want to try to address two more fundamental questions. What is the long-term risk to real oil prices from 1) a further economic downturn and at the other extreme 2) accelerating growth in the emerging economies? Agcapita is Canada's only RRSP and TFSA eligible farmland fund and is part of a family of funds with over $100 million in assets under management. Agcapita believes farmland is a safe investment, that supply is shrinking and that unprecedented demand for "food, feed and fuel" will continue to move crop prices higher over the long-term. Agcapita created the Farmland Investment Partnership to allow investors to add professionally managed farmland to their portfolios.