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S&P 500
5,431.60
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-0.04%
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US TECH 100
19,167.60
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0.00%
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Dow Jones
38,589.16
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-0.15%
)
Brent Oil
82.15
(
0.02%
)
Bitcoin
65,944.06
(
-1.04%
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john302

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john302

Re: eelfland post# 131

Saturday, 07/05/2008 11:33:27 AM

Saturday, July 05, 2008 11:33:27 AM

Post# of 541
So eefland, how much of the recent run-up in oil has been the result of increased speculation as opposed to supply/demand, in your opinion? I think its not-too-coincidental that right after the printing press of liquidity got revved up we saw a spike in certain commodities. Bailouts beget asset bubbles, do you see commodities as the next asset bubble? The whole thing just seems very unstable to me...lightly regulated, highly leveraged, growing disconnect between on the ground and on the board...You probably know much more about this than me though, what are your thoughts?

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