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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: Jim Willie CB who wrote (8740)	2/26/2004 5:26:04 PM
From: russwinter	Read Replies (2) of 110194

This is a good article, but I'd like to comment on the Mothersole part, where he speaks of this as a "typical commodity surge in the early stage of a recovery." Complete BS, I have a commodity price index going back to the 1970's. Really since the early 80's I see little comparison between the recent dramatic runup in metals especially, and the prior cycles. NOTHING looks even remotely this steep and dramatic (73% in one year, 27% in the last three months), joc.com so I'm calling him on that. This is atypical, something else is going on, and I've essayed what it is.

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