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To: GPS Info who wrote (142011)4/8/2006 7:29:22 PM
From: marginmike  Read Replies (1) | Respond to of 152472
 
I think alot has to do with world wide growth, where as we are making more for less but not with less material, just less labor, and waste. Also I think the destruction of fiat currency is also contributing. Money presses are going non stop everywhere



To: GPS Info who wrote (142011)4/10/2006 9:04:05 AM
From: Keith Feral  Respond to of 152472
 
commodities are being driven by the complete overhaul of China, Inida, and the US. Look at the housing boom of the US. Every old home in my area is being replaced with 4000 to 6000 sq foot homes to replace the older homes that are unworthy of purchase. Who is going to pay $600K for a 2 bedrrom ranch built in the 50's? They will buy a 4000 sq foot home for $750,000. The housing replacement is long overdue considering the high price of land and the low value of housing on most old lots.

I own a lot of copper (pd), coal (btu), and almost every energy stock I can get my hands on. I can't begin to put a price on precious metals like gold, but I know exactly what I am getting when I buy a barrel of oil. Demand is there for the next 30 years or as long as the oil remains. Nothing but good things can happen to oil prices, if you are long the shares.