2012 Corn: Goldman Sachs swindling again.Submitted by Brad-at-dr.com on Thu, 07/12/2012 - 11:04
Don't fall for the hype you are being spoon fed. 2012 was expected to be the biggest corn year EVER. Even with drought conditions, it WILL be a banner year. Speaking to the guys at the six Corn-ethanol plants within 20 miles, they have another explanation for the price increases: speculators profiting off of drought news. In SD, the corn was 8 ft high on the fourth of July. My friends all said they have never seen tassles on the fourth until this year, it will be a record setter in many parts of the country. And prices will have dropped as usual just in time for the harvest, so the racketeers can then further sell short and profit off the backs of the producers, having already fleeced the consumers. Once again, everything is not as it seems.