If you're anything like me, you can't resist stopping in for a "cup of Joe" every morning. If so, you're probably also like me in that you're experiencing a bit of pain in the wallet right now, given the steady increase in coffee prices we've see over the last year (and especially in the last few months).
If you want physical proof that we're operating in a truly global economy these days, just look at how these three factors have creamed your coffee budget:
- Lousy weather in Latin America is threatening a big chunk of the worldwide coffee crop.
- U.S. coffee stockpiles are reportedly at a 10-year low.
- And Vietnam and Brazil – two of the world's Top 3 exporters – are scheming to hoard their stockpiles.
Little wonder coffee prices are at 13-year highs, and coffee futures have zoomed 44% since June.
Expect the trend to continue.
This may be bad news for your pocketbook – but it's great news for your portfolio. Coffee prices are going to rocket another 30% from here.
To learn more about how to profit from the global bull run in coffee, please read on…