from King World News
As the world seems to hurdle from one crisis to another, today a 43-year market veteran warned King World News that massive volcanic eruptions are now wreaking havoc on the world. Jeffrey Saut, Chief Investment Strategist at Raymond James, also warned this trend is going to continue for many years, even though no one in the mainstream media is talking about this.
Eric King: “Jeffrey, we’ve seen skyrocketing food prices.”
Saut: “This has a lot to do with the weather. You’ve had a drought in Brazil, so the price of Brazilian coffee is up over 80% year-to-date. I know a farmer in California who used to produce a bunch of alfalfa. He’s about to lose his entire crop because he can’t get water….
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