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  • Burst Bubble? Commodities' Long-Term Story Remains Intact  [View article]
    High powered money has not been growing. It has been stagnant. And recession is deflationary, not inflationary. Plus the market expected a 1.0% cut, not .75%. U.S. demand has dropped. Look at oil service stocks (OIH). it had been dropping for a while during the most recent leg of the oil upsurge. Basically, it called bukllshit on $110 oil, and for good reason.
    Mar 20 12:35 pm |Rating: 0 0
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