|While reading last weeks Barron's during lunch today I noticed in the 2010 roundtable Marc Faber, after he said he liked Nova Gold was asked "what else do you like?"|
"Faber: Agricultural commodities hardly moved last year.Wheat, inflation adjusted, is at a 200 year low. You play it through purchases of wheat futures, or you buy farmland or potash companies."
Abby Joseph Cohen then said "There could be a significant increase in the use of of fertilizer."
Faber then came back with Potash One KCL "If it gets approval to move forward, it is going to be big."
Looks like they were both bullish ferts.