The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Les H who wrote (90545)	9/25/2007 11:59:18 PM
From: Les H	Read Replies (2) of 306849

Grain or gold, eggs or oil, beef or iron, the prices of many commodities have been heading up. And some see the sector as the successor to stocks in the '90s and housing in the early years of this decade -- the next great bull market. A convergence of forces is helping push up prices, and while Minnesota farmers are benefiting from the turnaround, consumers are likely to pay higher prices for everything from doughnuts to diesel fuel. "This is the beginning of a bubble," said Jim Bower, owner of Bower Trading Co. in Lafayette, Ind., and a 30-year veteran of commodities trading. "The question is how much air we can pump into that bubble before it bursts." startribune.com Ag business consultant foresees rising food prices stltoday.com

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