Commodities Breakdown
By: Adam Hamilton, Zeal Intelligence LLC
-- Posted Friday, 13 October 2006
http://news.goldseek.com/Zealllc/1160755230.php
Extract:
"I have one last chart on the commodities breakdown. A lot of analysts on Wall Street, which is perpetually anti-commodities in focus, have been saying commodities were at all-time highs and therefore needed to plunge and end their bull. But as I’ve argued many times in the past, comparing today’s prices with those of the early 1980s while ignoring inflation is foolish at best and intentionally manipulative at worst. Multi-decade comparisons only make sense when adjusted for the relentless fiat-currency inflation distortions".
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