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Post by jeffolie on Nov 5, 2010 13:51:52 GMT -6
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Post by waltc on Nov 7, 2010 20:52:36 GMT -6
Expect it to keep going higher as supplies are declining.
It is the Elephant in the room that no one wants to admit that's there.
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Post by jeffolie on Nov 8, 2010 14:32:42 GMT -6
Oil Breakout: $87.00 +0.15 +0.17%
For the last 18 months oil was trading $70 to $80.
Screwflation is the rapid price rises in basics that more impact middle and lower classes such as energy, food, college tuition, health insurance premiums.
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Post by jeffolie on Nov 9, 2010 14:41:13 GMT -6
Oil dropped and so did the metals from new recent highs today.
They all dropped.
The Dollar surged.
The inverse Dollar vs commodities coupling was reestablished.
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