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elcheapo41

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elcheapo41

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Thursday, 02/21/2008 1:50:50 PM

Thursday, February 21, 2008 1:50:50 PM

Post# of 83044
Copper 3.78 a lb.

Silver 18.00 an oz.

Gold 948.40 an oz.

Copper Jumps to Highest Since 2006 on Inflation-Hedge Demand

By Millie Munshi

Feb. 21 (Bloomberg) -- Copper jumped to the highest since May 2006 on increased demand for raw materials as a hedge against inflation.

Consumer prices in the U.S. rose more than forecast in January, a government report showed yesterday. The dollar fell today against a basket of six major currencies. Commodity prices surged as accelerating inflation increased speculation that the value of metals including copper, gold and silver will climb.

http://www.bloomberg.com/apps/news?pid=20601012&sid=ai5zfErsTbZE&refer=commodities


For the mentally challenged, the dump truck is a JOKE

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