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

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To: yard_man who wrote (105415)9/25/2009 3:04:13 PM
From: Horgad  Read Replies (1) of 110194
 
The inventory numbers suggest breakdown. Inventory has been climbing for about the last 2 month (though not as steeply as during deflation part I) and the copper price has not been hit yet. Also if copper inventory is an indicator it could mean that we are due for another wash out in all commodities, but I am thinking that the wash out will not be nearly as deep this time.

In other words, deflation part II may turn out to be a MiniMe echo of deflation part I.

One last small burp before prolonged inflation sets in with a passion or just a copper only thing? Who knows, but it is one more data point worth watching. IMHO

kitconet.com
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