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Chalk up another QE2 success story! Wool prices – yes, wool – has hopped on board the commodity bull, riding to record-high prices. The Wisconsin Ag Connection reports: New record wool prices have been set this week, with unchanged supply and demand fundamentals continuing to support the market. Australian wool prices hit a 22-year record […]
Most bullish commodity cases offer the seemingly irrefutable argument of “China” as a driver of higher prices in the weeks, months and years ahead. The logic is sound—demand for [Insert Commodity X here] is growing like gangbusters, and this trend will not only continue, but is likely to accelerate as China becomes a net importer […]
Awesome clip – hat tip to Carson for sending along, who astutely pointed out that actor salaries may also come under some deflationary pressure in the years to come…
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