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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: profile_14 who wrote (91194)	9/27/2007 3:16:26 PM
From: CommanderCricket	Read Replies (1) of 206093

"Rising commodity prices, grains and oil, will hurt BRIC consumers far more than US consumers." The Chinese have a appreciating RMB against the $USD. Same with the Real in Brasil. Any stuff they can purchase in $USD is going to be cheaper in the future. IMO, rising commodity prices are going to hurt Joe/Jane 6pack much more than your middle class Chinese/Brasilian. Priced a NY cut steak at Publix lately? I don't see how the average Joe/Jane can afford red meat anymore. Michael

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