The United States of America supplies the world with almonds. California provides 82% of the globe’s crunchy nut. Chinese and Indians have been promoting almonds as a healthy snack, so the industry is booming. Foreign demand is projected to increase. Investors are optimistic.
“We’ll run out of dirt and water, before we run out of almond markets,”according to Daniel Sumner (Agricultural Issues Center). Almonds were the #1 agricultural export in 2012 at $2.5 billion.
Since greedy banks ripped us from our homes, and we’ve sold all our jewelry to the Gold Guys, an almond investment doesn’t sound like a bad idea.