
London, England
England's Government Office of Science just published a report on global food supplies.
Their conclusion?
In its own words, this report "argues for decisive action that needs to take place now."
Notably, the report talked about how an increasing urbanization of human population results in "an increasing likelihood of riots."
Notably, this Government report advocates for price controls, or as they call it, "intervention to try to influence market prices."
While not surprising, we know what happens to commodities when governments try to institute price controls. Anyone who lived through the gas shortages of the 1970s remembers the downside to price controls.
And while consumers might have the patience to forego gasoline consumption that patience may not transfer to food - for the simple reason that we have to eat daily, even if we don't drive.
Ian Wyatt, the founder and Chief Investment Strategist of Wyatt Research recommends buying a specific ETF that will benefit from higher food prices.
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