DOLLAR going down since June -FOOD CRISIS 2010 HAS BEGUN?

Hi, I am Strongman Shelford

Us dollar is going down every week for the last 2 months now.
[link to stockcharts.com]

food prices SKYROCKETING IN JULY!

wheat: 27% up in july
[link to finviz.com]

worst russian drought in 130 years

[link to english.pravda.ru]


connect the dots? remember FOOD CRISIS 2010 FOR DUMMIES by Eric DeCarbonnel?

here just a part of it:

DECEMBER,17th 2009


If you read any economic, financial, or political analysis for 2010 that doesn’t mention the food shortage looming next year, throw it in the trash, as it is worthless. There is overwhelming, undeniable evidence that the world will run out of food next year. When this happens, the resulting triple digit food inflation will lead panicking central banks around the world to dump their foreign reserves to appreciate their currencies and lower the cost of food imports, causing the collapse of the dollar, the treasury market, derivative markets, and the global financial system. The US will experience economic disintegration.

The 2010 Food Crisis Means Financial Armageddon

Over the last two years, the world has faced a series of unprecedented financial crises: the collapse of the housing market, the freezing of the credit markets, the failure of Wall Street brokerage firms (Bear Stearns/Lehman Brothers), the failure of Freddie Mac and Fannie Mae, the failure of AIG, Iceland’s economic collapse, the bankruptcy of the major auto manufacturers (General Motors, Ford, and Chrysler), etc… In the face of all these challenges, the demise of the dollar, derivative markets, and the modern international system of credit has been repeatedly forecasted and feared. However, all these doomsday scenarios have so far been proved false, and, despite tremendous chaos and losses, the global financial system has held together.

The 2010 Food Crisis is different. It is THE CRISIS. The one that makes all doomsday scenarios come true. The government bailouts and central bank interventions, which have held the financial world together during the last two years, will be powerless to prevent the 2010 Food Crisis from bringing the global financial system to its knees.

[link to www.marketskeptics.com]

scary , right?


I am re reading his epic article. He succesfully predicted that food prices were about to move up at the end of june. He was right.

So it is time to pay attention. They are tryiing to make people go back to the market. But the market is going down in real terms since 2001. So, what are you going to do?

what is your opinions about this "food crisis 2010" thesis? what is your opinion.

I am ready to know your insights about this.



Strongman Shelford