The New American Export Story
- No one is following this story
- What’s good for America
- Invest in this growth industry
If I told you a year ago that one sector of American exports would rise 85% in the next 12 months, you’d probably think I was selling something.
Well - I am selling independent investment research (check out a write-up on my three favorite silver stocks by clicking here) but the fact remains: American wheat exports from the Great Lake region shipped through the St. Lawrence Seaway grew by 85% since this time last year.
According to a December 10th story in the Great Lakes Seaway News:
“U.S. wheat exports filled the export gap in 2010 with the U.S. reclaiming its spot as the world's largest wheat exporter this year. Exports of wheat through the U.S. Great Lakes ports are up by 85 percent this year and that positive trend appears likely to continue into at least the first half of 2011.“
No one is following this story. The Great Lakes Seaway News actually wrote a story about how no one is following this story.
While Ben Bernanke continues to gift billions of dollars to the banking industry for no defensible or discernable reason, there are actual, real-life industries in the United States that are producing real-life stuff that we all need.
While President Obama wrangles with Congress to pay unemployed people $150 billion not to work over the next year, a small group of American farming and shipping firms are feeding the world from the sweat of their brow.
Sooner rather than later, our leaders have to realize what is REALLY good for America. Here’s a hint, in case some politicians are reading: making more billionaires on Wall Street is not good for America. Growing enough wheat to feed the world IS good for America.
The problem is that our politicians have cast this country’s lot with the bankers - and moreover, this move has necessarily pitted them against the types of people who grow food, make things, save, invest, sacrifice and live within their means.
You can’t be pro-farmer at the same time that you’re pro-Wall Street banker. It’s an impossibility.
I know it’s a false-dilemma. You certainly can invest in both Wall Street banks and agriculture stocks.
But part of my thesis for higher commodity prices (especially including agriculture commodities) is that our nation’s banking system is fundamentally broken. If any other industry had a private, unaudited, unelected special interest group that literally printed trillions of dollars to keep that industry’s richest players in business, Americans would form lynch mobs to put an end to it.
So I’m choosing bread over banks. I don’t have any use for Wall Street banks. And since I don’t have a credit card, a mortgage or any significant monthly interest payment that goes to Wall Street banks, they don’t have much use for me either.
But I am a big fan of grilled cheese sandwiches and pasta. I like corn on the cob, oatmeal, beer, pizza and steak.
So I’m interested in companies that produce the agriculture commodities that I actually do use every day - especially since they’ve experienced some growth as Russia, Australia and even parts of Europe struggle to grow enough food for themselves.
One of my favorite ways to invest in American agriculture is to buy one ETF that tracks the largest publicly traded farming, fertilizer, agriculture equipment and picks-and-shovels companies in the market.
In the past four months, this ETF (comprised mostly of blue-chip companies) is up 18%.
As I said - I am selling independent investment research. To that end, my research team and I have put together a research report on three commodity ETFs. These three ETFs give your portfolio exposure to agriculture, silver and gold. Take a look at the full write-up on this research by clicking here now.
Kevin McElroy
Editor
Resource Prospector
