Quote from Landis82:
And where's ALL THAT INFLATION that he's been harping about?
Looks like most of the commodities out there are now LOWER than they were back on January 24th when the FED started aggressively "pumping" liquidity into the banking system.
Where's Detective and der Kommissar and all of the people that were so critical of "Helicopter Ben" and how the commodity complex was in run-away inflation mode?
LOL!
Then why is Crude Oil up massively also in EUR terms over the last 5 years? It went from 30.5 EUR per barrel in 2003 to 68 EUR per barrel in 2008. Care to elaborate? Maybe Crude prices are influenced by global supply/demand?Quote from vedantatrader:
But its a weak dollar that is making oil so expensive.