Showing posts with label commodities. Show all posts
Showing posts with label commodities. Show all posts
4:20 PM
commodities on a roll
Unknown
With crop prices going up and the price of gold pegged to perhaps hit $2000.00 an ounce, will QE3 happen or not? Most stock guys don't want it. The consensus is that the stock market is doing just fine without QE3.
But if commodities still remain high, what will that do to the consumer? Food prices are high enough now. Can the household incomes stay up with this kind of price inflation? Do you want to answer that with your wallet?
The rest of July will and should tell us more on the state of prices for corn and wheat. With rainfall totals down almost 3 inches in some parts of the Midwest, the crop yield reduction estimates have increased.
What a summer it been, huh?
But if commodities still remain high, what will that do to the consumer? Food prices are high enough now. Can the household incomes stay up with this kind of price inflation? Do you want to answer that with your wallet?
The rest of July will and should tell us more on the state of prices for corn and wheat. With rainfall totals down almost 3 inches in some parts of the Midwest, the crop yield reduction estimates have increased.
What a summer it been, huh?
4:35 PM
qe3 and the commodities
Unknown
bernanke , central bankers , commodities , commodity prices , dollar , qe3
Well, is QE3 imminent or not? Support for Bernanke's plan is growing all so slowly. Central bankers are still searching for solutions to the European contraction. They'll figure a way to loosen the money supply. When that happens, commodities will rise in price. There was recently a 20% sell-off in commodities. Commodity traders are watching inflation. If higher inflation causes a U.S. dollar weakening, this will be a good bounce for commodity prices.