First Olive oil. Now chocolate. But I was the one fearmongering apparently. Chocolate looking like the new Bitcoin or gold. It'll come back down eventually but climate change creates insane volatility like this. And it's going to turn some commodities into luxuries.
Quote:
Cocoa Powers Toward $10,000 as Shortages Drive Relentless Rally
- Futures have more than doubled already this year in New York
- Market gripped by supply shortages, boosting chocolate costs
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https://www.bloomberg.com/news/artic...lentless-rally