[dirtboy]

In the end, the ONLY thing that matters is SUPPLY AND DEMAND and if there is enough supply, prices simply CANNOT stay high, no matter what BIG SPECULATOR, BIG OIL, or BIG GOVERNMENT wants (unless they tax it more). That simple.

Your theory fails to account for the fact that commodities are up across the board, across the globe. That cannot be explained by supply and demand alone, and especially in a weak economy - just as the runup in the price of silver in the early eighties was caused by the Hunt brother's speculation.

[BobL]

“Your theory fails to account for the fact that commodities are up across the board, across the globe. That cannot be explained by supply and demand alone, and especially in a weak economy - just as the runup in the price of silver in the early eighties was caused by the Hunt brother’s speculation. “

I’m just talking about the latest run-up in oil prices. Overall, it’s more than obvious that the reason prices are souring on everything is the simultaneous printing of dollars, Yen, and Euros. Basically, if you double the supply of fiat currencies, without doubling the economic output to match, prices will double...which is exactly what’s happened here, and to a lesser extent in Japan and Europe.

I know, the last thing we want to do is blame the governments we all elected...since that is blaming ourselves...but that is the case here.