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Monday, May 15, 2006 12:21:12 PM
The fed threats with higher rates if gold and oil prices continue to rise. There may be some pull back but summer is here. India and China's demand is increasing according to what I've read the IEA expects global demand to increase 2.1%. for 2006.
Last time I heard this gas prices were considerably lower. Rising gold prices must be spookin the Fed with the dollar at its 13 month low. The real people who have been impacted by rising interest rates are who? the overnight borrower's? right!
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