Ned Schmidt – Peak Food

by Kerry Lutz, Financial Survival Network We caught up with Ned Schmidt today and the word of the day is Peak Food! A recent paper released showed that many crops, while their production is still increasing, are requiring more and more input and their yields per acre aren’t rising as fast as they once were. This doesn’t mean famine is coming to the world, rather it means that food prices will be going much higher in the years to come and a higher percentage of incomes will be devoted towards food, where possible. Proits of food producers and related companies will also tend to go higher. We also discussed precious metals. Ned hasn’t seen a better “set-up” for gold and silver since 2009. The gold to S&P ratio is extremely favorable as is the gold to silver ratio. This could mean a big move for the sector is on the way. But then again, we’ve been disappointed far too many times in the past to remain unskeptical. AUDIO INTERVIEW HERE>>>

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