Noticed commodity prices cooling down for metals and lags that of Agriculture products, especially corn, cotton, and wheat. I wonder why? The EPA ethanol mandate has eaten into the corn reserves for one thing. Inflationary forces also at wotk as signs of the global recession ebbs and demand increases.
Ethanol created from corn, a food staple, was the stupidest decision ever made by the EPA, although they made a lot of asinine decisions in the past. Ethanol created from grass fibers, other organic waste, products that are not digestible by humans, has been made /used by the Germans back in WW II.
BY the way, did you notice a German firm is about to take over the NYSE?
I believe the Chinese would buy the state of California in a heart beat. Might be PP's buried trump card, to get out from under ever increasing debt and deficits. What that? Throw in Washington, Oregon and any other blue states and make a package?
After Nov 2012 there ain't gonna be that many blue states, so be careful what you wish for.
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