Anons always go on about gold on here. But what about other commodities like coffee and sugar?
Apparently the developing world struggles to mitigate against changing weather patterns, which occasionally destroys yields. Which makes it more profitable to hold/sell tonnes of produce. Is it worth it?
Would take literal tons to make any noticeable profits. Coffee and sugar are renewable products and when it comes down to it, we can do without it if the economy or produce levels gets that shitty which will be a big factor. I see where you're coming from. At one point salt was worth more than gold. But it'll take a cataclysmic event to get anywhere close to that again.
>>1627720
I hear tell coffee is the most traded commodity after oil by dollar, not sure about sugar but you could invest in the high fructose corn syrup market I guess.
If you wanted to get exotic you could buy some civet coffee futures. Those are the beans pooped out by civet cats or something, very pricey for the real coffee connoisseur.
My fucking phone glitched and I lost my comment 2 hours ago
I think the cats are no option, the ins and outs are way too specialised, so I can't just google the info.
There are two types of coffe beans; arabica (good quality and expensive) and robusta (low quality and cheap). At some point Vietnam held their robusta beans, next year Brazil lost their arabica harvest due to a climate disaster. Vietnam sold their robusta for a higher price, they're now the 2nd biggest coffee producer, specializing in robusta. I just wondered if climate change could make me a millionaire before I become 15 yo lol lmao Kanye2020
These are good indicators for other markets.
If prices are going crazy.. sure as shit.. the prices of stocks are going to be fluctuating - with some great buying opportunities.
Cotton drops.. Retail clothing stores shit the bed probably, Cotton up.. economy in general is good.. HOWEVER... just like in the other example above... all you need is one faggot country to A. have a disaster, or B. Flood the market with product and the prices again will go nuts..
Commodities, plain and simple is a total crap shoot but if you are some super wealth pjaat go for it. Or pool a whole bunch of suckers money into a fund.. and let it ride.
>>1628103
OP here, thx for the answers, it was really helpful. I'm in a college and I have to start making career choices soon, and I trading in agricultural commodities WAS one of them.