Jim’s Mailbox

Posted at 4:53 PM (CST) by & filed under Jim's Mailbox.

Dear Jim,

Being a farmer, I watch weather and commodity markets quite closely. It is my opinion that a major drought in the heartland of the US in either of the next 2 growing seasons (2009 or 2010) will bring massive food inflation. There is currently a drought in Argentina/Southern Brazil worse than they have seen in over 30 years. Click here to view a video on the drought…

There is a drought in northern China as I write this Click here to view an article on the drought…

We haven’t had a major crippling drought in the U.S. since 1988. The 19 year Benner cycle says we are overdue. If it occurs in 2009 or 2010 we will see massive food inflation worldwide in my opinion.

As always your efforts and counsel are hugely appreciated.

CIGA Eddie H.

Dear Eddie,

You should focus on the even longer weather cycles which underscore the conglomeration of cyclical indicators of types and kinds coming in a peak and trough just before or on January 14th, 2011.