Commodities Forecast: Coffee Reaching Tipping Point (Seeking Alpha)
If you’re a coffee drinker, you can appreciate the effect that coffee has on your body. In fact, there is a good possibility that you enjoy this famous beverage since it is the second most popular drink in the world after water and the second most widely used product in the world after oil. Your cup of Joe this morning was one of 1,400 million cups of coffee consumed in an average day and of which Americans consumed 100 million cups. Coffee is traded like any other commodity and has recently been the #1 investment from our advanced commodity forecast by the I Know First self-learning algorithm returning an impressive 72.22% in 3 months.
Where Is The Value In Coffee?
Did you know that 54% of Americans, 18 years and older, drink coffee every day? Four billion dollars is spent every year just to import this caffeinated drink. Brazil is responsible for about 30% of the entire world’s coffee output, making it the largest coffee producer followed by Vietnam, a distant second and Colombia as the third…
View Our Full Detailed Assessment and Forecast on Seeking Alpha
