Friday, October 8, 2010

This Is Either a Bubble or Budding Hyperinflation!

Sugar and cotton today skyrocketed. Sugar is now priced higher than at the peak of the 2008 commodity bubble, and cotton is very close to that level. Cotton has been limit up two days in a row!

NYBOT CCI Commodity Index daily, intraday


NYBOT CCI Commodity Index monthly - the prior peak was the 2008 commodity bubble!

Sugar daily -- 30% higher than the 2008 bubble!

Sugar weekly

Cotton daily

Cotton weekly