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

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To: mishedlo who wrote (9808)3/10/2004 7:46:06 AM
From: russwinter  Read Replies (2) of 110194
 
<By the time the PPI matters it might be headed south.>

Nothing's changed fundamentally with these commodities, and there won't be a change until Asian production severely collapses from shortages, as the Train Wreck runs it's course.
biz.yahoo.com

You see, unlike the fictional "markets" (currencies, interest rates) that you follow, these input goods markets are the real thing, the truth serum. They really can't be manipulated, and you can't print copper, crude, or even cotton. That said, because there is a large speculator position in them, there will be bouts of volatility and profit taking, making it unlikely that they can go up 1% a day. Instead they will make up for this "correction", by going up 2-3% a day, in a week or two.
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