Tuesday, December 7, 2010

Paging Paul Krugman: Major Commodity Breakout

Silver just broke above $30.00.

West Texas Intermediate Crude Oil just broke above $90.00.

It looks we are, indeed, headed for $3.00 gasoline for Christmas.

Hey Paul,

Any charts we can take to the gas station?

UPDATE: Copper just hit new record high. Over $9,000 a ton.

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