Wednesday, April 16, 2008

Commodity Bubbles??? ho ho ho, you are looking backwards Pilgrim---

For over 20 years, roughly 1980-2000, there were very small increases in capacity due to low prices for commodities and a lack of new areas of discovery and development---and during the same time there was and is a monster boom in world population and that population is now wanting to move from the simple life of the countryside to the high-consumption side of city-life--you do not have bubbles when prices and demand rise along with growing shortages....bubbles happen when prices increase along with an increase in buyers and supply...USA and the world are going to be shocked at the height of commodity prices over next 15 years..."Hang on Sloopy, hang on..."

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