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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?


To: tejek who wrote (125523)10/28/2012 10:47:04 PM
From: LLCF  Read Replies (2) | Respond to of 149317
 
Let me simplify things for you:

China:

China takes raw materials and turns them into goods which we buy. The prices of the raw materials is in a major long term uptrend thanks to Greenspand and Bernanke. Bernake continues to print money, making this trend likely to continue and accelarate.

Since the lastest horse you've been riding has been the "20 year horse", except when you went to a 5 year chart to try and show copper wasnt' "pretty much the same" as corn (it is if you look at the same time frame... in fact, thanks for pointing out the copper is HITTING ALL TIME HIGHS lately).

So why don't you just tell us YOUR version:

Can fill us in on how commodity prices can possibly be so much higher in the worst economic calamity since the 30's than during most the boom the preceeded it?? That should simplify the point for you?

And here's a chart of the CRB to keep it simple:

mrci.com

How can this be?? How can commodities be TRIPLE the price from when Clinton was in office when we're in a depression?

DAK