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06-25-2008, 03:32 AM
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11,944 posts, read 14,075,626 times
Reputation: 2772
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http://www.gata.org/node/6388
Quote:
"The rise suggests that demand for commodities from emerging economies remains strong, in spite of the US slowdown, fuelling fears that global inflation will continue to rise. The rise -- an average 85 per cent -- surpasses the record increase of 71.5 per cent agreed in 2005, when the commodities? boom gathered pace.
"Commodity-led inflation risks appear to be growing," said Tobias Levkovich, Citi chief strategist."
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Commodities markets are only about supply and demand?
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06-25-2008, 04:38 AM
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955 posts, read 2,072,778 times
Reputation: 404
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Quote:
Originally Posted by harborlady
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That's what the quote says. |
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06-25-2008, 06:24 AM
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69,364 posts, read 61,121,778 times
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Goes to show that reporters have no clue how the commodities market works because speculators do not have control over the price of things like oil, iron, corn, they simply are playing the stock market on what they might cost in the future.
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06-25-2008, 08:35 AM
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Location: Londonderry, NH
41,477 posts, read 56,712,378 times
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"speculators do not have control" yeah, right.
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06-25-2008, 12:44 PM
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11,944 posts, read 14,075,626 times
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96% is a pretty large hike. world is out of iron ore now? geezzz
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06-25-2008, 02:37 PM
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48,503 posts, read 92,359,922 times
Reputation: 18237
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Quote:
Originally Posted by GregW
"speculators do not have control" yeah, right.
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Spoken like a good comrade of the party . |
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06-25-2008, 04:09 PM
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11,944 posts, read 14,075,626 times
Reputation: 2772
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Quote:
Originally Posted by texdav
Spoken like a good comrade of the party .
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tex you don't believe there's any such thing as monopoly or anti trust issues that go on in america or internationally???
Sucks that you have to resort to mudslinging tactics. That's basically saying you have no opinion other than hatred. |
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