Cocoa has gone parabolic rising by 244.83% from $2,900 per tonne up to a new all-time high earlier this morning of $10,000 per tonne.
It's not surprising at all to us how cocoa has gone parabolic because prior to its run cocoa was trading at an all-time low priced in gold:
Today, the commodity trading closest to its all-time low priced in gold is platinum:
Similar to how Côte d'Ivoire and Ghana account for nearly 60% of global cocoa production...
93.33% of all platinum gets produced in South Africa, Russia, and Zimbabwe.
With gold we at least have one small-cap gold development company Augusta Gold (TSX: G) that is in a position to bring new gold mines into production in the short-term in the world's #1 best mining jurisdiction of Nevada.
With platinum there are no new platinum mines that can be brought into production in the short-term anywhere.
Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. NIA's President has purchased 224,200 shares of G in the open market and intends to buy more shares. This message is meant for informational and educational purposes only and does not provide investment advice.
Preparing Americans for Hyperinflation
