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

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To: sea_biscuit who wrote (94315)5/16/2008 2:53:10 AM
From: arun gera  Read Replies (1) of 110194
 
>Show me the warehouses filled with rice, corn and wheat.>

So there is a short term inflation and maybe a crash in prices as buyers substitute products or lower demand and suppliers overproduce.

>Show me the new oil discoveries that are coming online to replace the declining "elephant" oil fields.>

Faced with higher oil prices, the world over people will cut usage. Let us say the usage declines by 5 percent over the world, you suddenly have 4 million barrels per day extra capacity, more than the daily consumption of the whole of India.

>Show me the zinc, copper, silver and gold mines that are mining metals by the millions of tons, ounces or grams as the case may be. Then, I will agree with you that we are in a commodities bubble that will burst.>

No idea about these metals.

-Arun
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