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To: FromLori

How about bottled water, generators, gas. The market since the end of August has went up over 10%, nothing going on in the Economy can explain part of this, Unemployment Lost 95,000 more net jobs, consumer confidence, foreclosures, $1.3 - $1.6 Trillion debt.

The thing is any interest bearing investment is dead, now would be a buying opportunity. Gold, Silver, Platinum, Copper. Any commodities are on a tear including food. This has to become inflationary at some point.


5 posted on 10/15/2010 10:05:51 PM PDT by Steelers6
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To: Steelers6
The market since the end of August has went up over 10%, nothing going on in the Economy can explain part of this, Unemployment Lost 95,000 more net jobs, consumer confidence, foreclosures, $1.3 - $1.6 Trillion debt.

Interestingly, the USD has fallen against most Asian currencies by 4-5% over that same period. Probably easy to get "euphoria" over a rise in the DJIA because the currency it's based on is being devalued...

24 posted on 10/15/2010 10:43:41 PM PDT by PugetSoundSoldier (Indignation over the Sting of Truth is the defense of the indefensible)
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To: Steelers6
Any commodities are on a tear including food. This has to become inflationary at some point.

Been working on restocking the pantry. I wanted to pick-up some ground meat the other day. It was nearly $5 per Lb. I didn't buy and thought...been a while since I've needed it...when did those prices jump like that? Lots of stuff is being reduced in size one serving at a time. Inflation is already here, it is just hidden in the packaging.

50 posted on 10/16/2010 5:46:32 AM PDT by EBH (We have lost our heritage of "making money.")
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