I noted while scanning the charts that current cocoa and coffee prices have climbed to record highs. Is anyone here investing in these commodities?
I noted while scanning the charts that current cocoa and coffee prices have climbed to record highs. Is anyone here investing in these commodities?
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I don't buy commodities, but if I wanted to try something, it would be oil or cocoa. Cocoa's going through the roof right now. Unfortunately, I don't have cocoa in my portfolio so I'm not entirely happy about buying my favorite chocolate for God knows how much🤣.
It would be great to invest in cocoa and then use the proceeds to buy chocolate🤣
Yes, it is anyway :D
Here I agree with the comment below that cocoa prices will not translate so quickly back into chocolate prices.
So glad to hear🤣😁
@billcombs At least our wallets won't be crying so much for a while :D
I keep an eye on the price of chocolate in the shops, it should be reflected soon. I don't invest in commodities directly, only through oil companies for example.
I understand that such commodities are or can be quite unusual investments.