A nightmarish global food crisis is coming. Even though about a billion people around the planet currently live on the edge of starvation, those of us that live in the wealthy western nations still have more than enough food to eat. But it will not always be that way. With each passing year, the global population goes up while global supplies of fresh water go down. And you need lots of water to grow food. The "breadbaskets" of the world, the United States and Russia, are currently experiencing horrible droughts that scientists tell us are part of a long-term trend. In fact, some are projecting that the United States will soon see the return of Dust Bowl conditions. So what will the rest of the world do when the topsoil in the heartland of the biggest food exporter on the globe dries up and blows away? Just remember what happened back in 2007 and 2008. Food prices rose rapidly and it sparked massive food riots in more than two dozen different nations. So what will things look like when there is a very serious shortage of food around the globe?
On Thursday, the price of corn hit another brand new record high of $8.28 a bushel on the Chicago Board of Trade.
Unfortunately, (Read More....)