In Brazil, the majority of recreational vehicles run on Ethanol. Here are the current prices per liter. 1 R = 0.43USD
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Shocked that companies and mutual funds would invest OPM (Other People's Money) in high-risk investments, the Shocked Investor was originally on a mission to find out if our money ended up in these dubious instruments. This blog now also discusses other financial topics, such as straddles, options, gold, natural gas, agri/food stocks, and the collapse of the US Dollar.
1 comment:
And that's sugar cane ethanol, correct?
Much less impact on the global food situation than the corn ethanol policy currently in the U.S.
Now if only the U.S. would lower those sugar tariffs!
Hope you relax and enjoy your trip.
Safe passage on your return.
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