Wednesday, August 8, 2012

Stainless Steel Producers and Corn Boondoogle

The powers that be don’t want food riots, that’s about the only thing that can unseat them at this time. Now what would be really practical would be a list of tickers of stainless steel producers whose stocks are already overbought and overpriced. Ethanol requires lots of stainless steel because it absorbs a lot of water and therefore rusts out any normal metal.

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Insightful and Useful Comment!