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Tue, 4 May 2010 05:44:13 -0700 |
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Stephen Rice asks, "So now he (a friend) has asked me what I think about the idea of buying large quantities of honey and storing it until it increases in price. He thinks that with bees in trouble all over the world, honey may become more scarce and rise in price."
My thoughts: If honey were an absolute essential to life (like our addiction to petroleum), this might work. If the borders were shut down and cheap foreign honey was impossible to import, yeah, maybe. Storing the honey isn't the problem. But hoping for a windfall due to the price increase....I'm doubtful. He'd be better off raising his own honey from his own bees...but this is just about as risky as buying the large quantity of honey hoping for the price increase.
And then if prices skyrocket, he still nees to find a buyer for the honey, and then they need to have the money. There are just too many factors to make him a millionaire.
I've had a couple of the "end-timers" and conspiracy theorists request 5-gallon buckets of honey (and they think this is a LOT of honey!). They fear the end of civilization is coming and the maddening hordes from the "cities" will be on our doorstep raping and pillaging.
It's a crazy world when fear, greed and worry sit down to write the script.
Grant
Jackson, MO
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