The Rice Oracle's Wild Prediction That Actually Came True
In 2007, a 65-year-old Thai rice exporter stood up and told everyone that rice prices would go from $300 per ton to $1,000. People laughed at him. Not politely. They actually laughed. Chapter 30 of Torsten Dennin’s “From Tulips to Bitcoins” tells what happened next. Spoiler: nobody was laughing by spring 2008.