Prices are good right now. China’s been buying commodities across the board they have massive amounts of foreign reserves just sitting there otherwise. Looks like three options for them. demand increases and they make a killing, massive internal bank defaults on the widespread speculation, or armed conflict. Considering the massive influence they have on dollar denominated commodities, the rush to purchase them could be taken as widespread belief in dollar weakening. Probably a sound bet IMO.
It's pretty clear the US needs to:
1) slash the size of government 40%,
2) forget about cap-and-trade, dem-style immigration reform and "health care reform"
3) reduce taxes and incentivize job-creating investments,
4) drill for our own oil and push back on the Chinese oil grab.
Can it happen under this Congress? Of course not.
HF