Wednesday, November 10, 2010

Commodities prices

Commodities prices are running away. Blame in on the Fed money printing. Blame it on speculation. Blame it on anticipated emerging markets demand.

I expect all these to end in grief. Commodities get over priced beyond the realities of supply and demand.

In short, this bubble together with other bubbles will burst.

Inflation is a problem that could well be short lived and temporary.

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