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The Ag sector is one of the best recession proof areas and a great place to have your money in uncertain times. Trademark recession signs are high commodities/energy/food prices which in tern means high fertilizer prices.
i am a long but when did fertilizer stocks run up in the last recession 2002-03?let's state real facts
Look at this chart;http://finance.yahoo.com/q/bc?s=SQM&t=my&l=on&z=m&q=l&c=In 2003-04 SQM was $2-3. So whats the point? I think it's time to run again.
what was the price of oil back then and were we still using mtbe?