I agree that we are probably going to see a continued decline in commodity prices especially PMs. However, given the increases in the monetary supply I forsee this trend reversing. When the trend reverses, which isn’t going to happen immediately because we are headed towards a major recession, with unemployment rising, and more likely interest rates as well, inflation [...]
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What concerns me most is looking at the highly probable future outlook… The gov’t is looking to bail out the Freddie and Fannie (dependent upon congressional approval), which will help out new, but not existing home buyers. By adding their debt the gov’t is using our tax dollars and inflation adjusted dollars to secure them. [...]
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Well it isn’t directly out of the United States, but from Australia. At about 1:00 in the clip energy was listed as one of the reasons that the Australian army has a presence in Iraq. Granted this is old news I thought it pertinent to post. Yes, folks energy is a motivating factor in invading [...]
