This may cost a fortune in the future...
Last week, an international hedge fund made a huge purchase of the world's supply of chocolate (roughly 7%). That amounts to the entire European stock of cocoa.
Prices for chocolate have already risen 150% in the past two years, and should anything go wrong in luxury vacation destinations like the Ivory Coast or Nigeria, the hedge fund's purchase could exert a huge influence on the price of chocolate.
Ready, set, stockpile that chocolate and start investing in cocoa futures!
Yum.
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