Roger demand and supply has very little to do with the commodities rise over the last two years. Foreign exchange is the cause of most of the price rise.
Example
.80us and gold $800 after convesion
the gold price is $1000
$1.05us gold 1000 after convesrion
the gold price is $840
$160 difference in price.
Most commodities have been used as an inflation hedge, the prices are not sustainable long term. Commodies are used as an investment, this forces up the price.
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