Potash Corp./Saskatchewan (USA) (POT)

teyink (< 20) Submitted: 11/12/2008 4:22:09 PM : Start Price: $75.72 POT Score: +15.42

I am going to say outperform for now as I think agriculture will lead commodities out of this crash. Although, I am worried that some farmers won't have access to credit that is needed to plant in the spring. This would drive grain prices up, but would also reduce the demand for potash. It would also have the nasty side effect raising food prices for everyone even as wages are declining and unemployment is rising. I will end this pick if I think that will happen. I'm guessing the government would step in and make sure farmers have access to credit so that we don't start massive global starvation.