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Strategies & Market Trends : Currencies and the Global Capital Markets -- Ignore unavailable to you. Want to Upgrade?


To: X Y Zebra who wrote (495)8/28/1998 3:34:00 PM
From: Bill Ounce  Read Replies (2) | Respond to of 3536
 
How does the ongoing deflation of commodity prices (in relation to USA$) fit in with all of this?

Our industrial revolution has been exported to developing nations, and they tend to over-produce (Like Korea with cars, chips and steel) driving costs down to where no one can make a good profit.

Back in 1980, it would have been difficult to imagine gold, oil, chips, ... falling to where they are today. How long can this trend last?