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Message: OT: US markets

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mark555

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Commodity bubble

in response to Re: OT: US markets by mark555

posted on Mar 18, 08 05:11AM

Just an excerpt from the article:

We like bubbles when there is a Federal Reserve ready to act. Bubbles are, in essence, a wild misalignment of capital. A "bubble economy" results in other sectors being starved for capital. Valuations in these other sectors are out of favour, depressed and therefore cheap.

Doesn't this sound like the mining industry and NOT

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