At the end, the only commodity we REALLY need is food. What value does gold have, if both ends of the value chain are hungry? One needs to remember that there is someone out there, who will choose a piece of bread over a piece of gold.
Supply chain of food relies heavily on energy. Rising energy price puts high pressure on primary producers of which many are already producing on thin margins. The rising price of food does not increase their profits, at least not at once, because many have long term contracts...
...that define the price levels. There are also many middleman between the producer and end user, who willingly take their part.
In a world where food is plenty, the primary producer of food is actually quite hated. They are the root cause to climate warming and pollution of the fresh and sea waters. They use pesticides and fertilizers to poison the people and it is their fault that food is too expensive.
Value that what matters. Support small & local producers of food, because scarcity of production actually makes the supply chain stronger. By buying directly, the support is greatest.
Support the one that is in need. 10,20,50 or 100 $/€/£ a month to charity is something most of us can afford. It will make a great deal to someone.
Peace & out!
Peace & out!
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