Tuesday, February 19, 2008

Stratospheric Commodities Prices!


Soybeans are beginning the day session today at all-time high prices. Sugar, cotton, crude oil, gold, platinum, coffee, cocoa, wheat, copper, and various other commodities prices are all significantly higher. Inflation is on the march! This chart for soybeans shows prices only since last night, but it is typical for commodities almost universally.

Only the U.S. Dollar continues to sink!