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To: kapkan4u who wrote (170803)9/9/2002 2:50:29 PM
From: Robert Douglas  Read Replies (2) | Respond to of 186894
 
<Unusual for commodity prices to go up in a contracting economy, no? >
Oh, really? Does the term stagflation ring a bell?

<Look for the cause, not the effect.>

Please tell us.


First, put into a little perspective.

tfc-charts.w2d.com

Next, understand that we're in a pretty good drought. Also, we have the oil complex with a meaningful war premium built in. So, go ahead and see disaster ahead. You'll be wrong.



To: kapkan4u who wrote (170803)9/9/2002 6:05:43 PM
From: Road Walker  Respond to of 186894
 
Kap,

re: Oh, really? Does the term stagflation ring a bell?

Yep, it rings a bell, but from a great (Jimmy Carterish) distance. It sure doesn't seem to be the primary concern right now, to anyone that has any sense. (Wasn't it you that was recently talking about deflation?)

re: Please tell us.

Hay, you are the expert. You brought it up, with an intentionally provocative comment and no substance. Typical of your posts.

But my take is that oil (war premium), gold (war premium), and corn (real crop concerns) are influencing the commodity indexes.

I would sincerely like to believe that demand (or even supply) is driving commodities higher, but I just can't buy it.

But go ahead Kap, give us your in depth analysis of the commodities markets. "Please tell us".

John



To: kapkan4u who wrote (170803)9/9/2002 7:15:36 PM
From: Road Walker  Respond to of 186894
 
Kap, re: commodities

Forgot steel, artificially inflated with the Bush tariffs.

Sorry,

John