With agricultural commodities trading at multi-year highs, Aaron Smith, Managing Director at Superfund Financial, says food inflation will be a key risk in Asia this year. He tells CNBC's Emily Chan that this will be particularly problematic for countries such as the Philippines and Vietnam.
On Silver: It just went fro 20 to 30 in 4 months! By the end of 2011, Gold will be at minimum $1800 and Silver at $70. I think personally $60 is conservative, as when the paper silver guys find there is no silver behind their paper, they will sell paper & buy real silver. It is looking more and more likely there is less silver in the world than previously thought and silver has many industrial uses, so it is also a consumed metal. Over time Silver will become more scarce than Gold.
