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

To: tejek who wrote (125559)	10/29/2012 1:32:03 PM
From: LLCF	Read Replies (1) \| Respond to of 149317

<I don't know WTH you're talking about. Go back and look at the copper chart.........the current price of copper is less than what it was in 2007. Basically it has been moving sideways for the past 5 years according to that chart.> The only reason copper came up is YOU brought it up as having a chart that DOENST look like Corn... it DOES. If you don't like it... go figure out what you're talking about then. <During the last 4 years, the weekly chart you posted is pretty much range bound. There is no clear direction either way. In other words, you are not making your point about Bernanke. > Ummm, that's cause I'm not making a point about Bernanke's 4 year performance... that would be stupid. YOU are looking at a chart that STARTS with a massive blow off top and saying everything is stable! LOL!! <However for the past ten years some of those commodities have moved sideways.> Ummm, guy, look at the link below again... commodity prices generally have nearly TRIPLED in 10 years!!!!!!!!! Now go to the long term commodity chart (you have to push the "max button")... I've used the index so you don't have to worry about things like NG which have very specific dynamics (fracking) but yet INCLUDES it, and all the important commodities: mrci.com You seem to miss the basic point... and in fact PROVING it... commodity prices HAVE been stable for 5 years... stable near the TOP of a BLOW OFF BOOM. If Bernanke wasn't inflating they would be dragging down near the bottom of the 08' correction. Now to the future: IF Bernake keeps doing what he's doing those prices will resume their upward trend and hit new highs (which some have) and the destruction of the dollar will continue. If you don't LIKE this analysis, that's fine, but the greater point remains. Bernanke's policies are destroying dollar purchasing power... <Its not surprising that commodity prices have gone up since Clinton........in fact, I am surprised that you are surprised> They've tripled in 10 years. That is NOT normal in history.... you'll have to reflect a little. :)) It's called "a bubble"... you may want to look that up. It was created by artificially low interest rates (among other bone headed policies, like lack of regulation, etc)... that is "Bernake" (and Greenspan before him). "hint"... normally prices go DOWN in a recession or depression. :)) DAK