Joe Dancy: Higher Food Prices Ahead−Possible Repeat of 2007-2008 Global Food Crisis
China & Japan consuming more oil, driving consumption higher
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Jim is pleased to welcome energy expert Joseph Dancy. Joe sees many bargains in energy stocks, with more acquisitions likely. He also believes global food prices are going much higher, and we could see a repeat of the disruptive 2007-2008 global food crisis. Joe also sees higher oil prices, from both oil production losses in Iran and Norway, and higher oil consumption in China and Japan.
Joseph R Dancy is manager of the LSGI Technology Venture Fund LP, a private mutual fund for SEC accredited investors formed to focus on the most inefficient part of the equity market. He is a Trustee on the Michigan Tech Foundation, and is on the Finance Committee which oversees the management of that institutions endowment funds. He is also employed as an Adjunct Professor of Law by SMU School of Law in Dallas, Texas, teaching Oil & Gas Law, Oil & Gas Environmental Law, and Environmental Law.