The rise in commodity prices seems to reflect (1) their inelastic supply combined with increased demand associated with the business-cycle expansion (especially that of China and India); (2) risng fears of inflation, i.e., distrust of fiat monies.
On 5/11/06, Sandwichman <[EMAIL PROTECTED]> wrote:
Perhaps I should restate my question. I'm actually wondering to what extent these substantial commodity price movements might be foreshadowing dramatic events in financial markets more generally. Does anyone have any non-glib thoughts on this? Not that I don't appreciate humour. It's just that I can't tell over the internets if the laughter is hearty or nervous. On 5/11/06, Jim Devine <[EMAIL PROTECTED]> wrote: > now, more than ever, it's time to invest in death futures (viatical > settlements). After all, the leading indicators indicate a rise in > death in the future. > > On 5/11/06, Michael Perelman < [EMAIL PROTECTED]> wrote: > > Invest in Caterpillar? > > -- Sandwichman
-- Jim Devine / "the world still seems stuck in greed-lock, ruled by fossilized fools fueled by fossil fuels." -- Swami Beyondananda
