It looks like a few more institutions have caught on to my thesis of farmland as fantastic investment opportunity, which I began proposing this winter [Jun 5: NYTimes: Farmland is Gold, So Billions Invested in Farming]. This is a sea change - hard assets having more value than stupid "financial innovations" of a debt laden, credit based society. We're going old school.If I had a way to buy futures contracts on farmland I'd be buying that too. And yes I am very serious. I think values for farmland across the world are going to rocket in the next decade.The way things are going, within a decade farmland is going to have more value than ocean front property.I've said in the past if there was an easy instrument to purchase farmland, I'd like to be in it. Even more ...

I’m long 5,000 bushels of corn in the futures market. I bought the contract at $6.22 (a bushel), near corn’s record high price.

Why? Because I’m expecting the price of corn to more than double in the next 18 months, to well over $12 a bushel. And I’ll be adding more corn to my portfolio when I see the next buy point.

I plan on buying soybean futures, too. Currently trading at just under $13 a bushel, I expect soybean prices to eventually climb to more than $25 a bushel, doubling in price.

And that’s just the beginning!

Other foods on my radar screen include …

Cocoa, which has enormous upside potential as hundreds of millions in …