I sent my absentee ballot in already and voted for Green or Libertarian and for only my Democrat Congressman Mr. Earl Blumenaurer who has consistently voted against the wars, against the bail outs, etc. My own gut sense is we are in for a very long and deep depression situation, and there is no government or combination of governments that can prevent this from happening. The lows we see now, will look high in another six months as more businesses fail, jobs become scarce worldwide, and trade slows.
This is not a bubble Demand is more than supply.. Most of the world already accepted high oil long ago and lives with it. The USA is full of cry babies
Let's Wait Before Annointing Bernanke "Slayer of the Evil Commodities Bubble" [View article]
Thanks for putting this common sense posting on the board. The trend is not broken and the financial debacle is not over. Two or three days of relief, have not cured the all-devouring cancer in the system.
I agree with Miner... There is a lot of profit taking at the end of the quarter to cover a lot of losses. The commodities are not dying. Demand in China, India, Brazil, Russia, Vietnam, Thailand, etc. is not slowing, it is growing rapidly and there is an ocean of cash in these places.
Moving Cash from Fertilizer to Powershares DB Agriculture Fund [View article]
Good article. I agree fully. I also do not see light at the end of the tunnel for the US financial system. The pain has to come either now, or later, there is no way to not pay the piper. Politicians and central bankers want us to believe they can rescue us, but I believe they also know very well that this is a real disaster, and the tidal wave is only starting to move.
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