GOODS FOR YOU
COMMODITY PRICE ACTION UNSUSTAINABLE FOR U.S. GROWTH: Recently we have the a turn for the worst in the goods markets. Droughts in Midwest USA have and will cause corn prices to move up considerably. Oil from a economic point of view will negatively affect GDP growth anywhere over $90.00 a barrel. 30 PAPER in light of the weighted index going up nearing 1400 levels is still outrageously high at 150.00 which not being a matter of opinion is a sign of fear in the market. With that being said Gold against Euro seems like a fair reasonable trade. But who's trading? The Euro takes it with a total mess that most fear will never get straightened out due Europeans not willing to accept austerity. This next year or so should be real interesting as far as commodity prices are concerned.
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