vodka_tonic

Look to the Markets to Assess Inflation

i stopped buying tomatoe's about 2 years ago, when they hit $1 per tomato. milk, packaged and sliced meats have also gone up since then. basically, inflation really started mid 2005, probably linked to the reckless housing prices.

Why $100+ Oil is Here to Stay

first up Mr. Dony, excellent article. i liked the brief yet intelligent encapsulation.
two, i think oil goes up long term, but i wait for a pullback to around 90 before i buy (i hate buying at ANY top).
three, sedek from above, you have an interesting point. cross currency valuations of a commodity are a pain. so i would say simply in terms of Donald's argument, a plateau of supply versus an increase of demand and forget china, the increase in demand is substantial in the US alone, that's industralization bro and it ain't going backwards :)