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Old 05-04-2011, 07:01 PM
  #27  
country1
Typical Buck
 
Join Date: Jan 2009
Posts: 608
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Another huge economic threat are the vertical monopolies. A vertical monopoly is the market condition where a person or entity controls everything from raw material to selling. There are large corporations that own a lot of farm land. These same corporations own the companies that sell the seed for planting, the elevators/terminals for buying the crops, the distribution system to the food processor and finally the food processor. These vertical monopolies are working on increasing the scope of their monopoly. An example is a vertical monopoly of agricultural food commodities (grains, corn, beans, etc.) taking control of livestock markets (meats). Basically, the food system in this country is turning into a cartel like OPEC. The same is happening to the ferrous and non-ferrous businesses. Those who have put their safety net in paper gold (certificates) will likely be very disappointed. Many analysts believe that gold is way oversold (more gold sold than exists). This is why you see some large corporations hedging the markets by taking delivery of their gold.
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