Mish's Global Economic Trend Analysis Message Board

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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: Peter V who wrote (77290)	4/5/2008 4:20:12 PM
From: koan	Read Replies (3) of 116555

Thanks. You are correct and I should have mentioned it. I knew that. Nevertheless, watching Bloomberg they keep mentioning one country after another with greatly increasing inflation and one commodity after another greatly increasing in price e.g. rice and wheat. Other fish prices are up here in Alaska as well e.g. halibut. REgarding fish, for the first time ever, China is starting to import lots of fish. Heretofore Japan was always the determiner of fish prices. Alaska manages its fishing stocks pretty well except the pollock stocks which seem to be falling. The one comodity I cannot figure out is diesel prices. They are over $4 and much more than gas. I always thought diesel was an inferior product and was less costly than gas. Anyone who ever has the chance to sport fish off the coast of Alaska would be dumb struck by how many big fish there are. 1/2 the ling cod one catches off of California are undersized, but off of Alaska ling cod are pervasive and huge. In fact one can fill up a boat with myriad fish from salmon to rock fish one right after another. Fishing heaven for fishermen-lol. Cheers

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