On Apr 21, 2011, at 6:06 PM, Doug Henwood wrote:
> The whole commodity complex looks to be in a bubble. There's no
> fundamental reason why oil should be $112 either.
So, what prices, obviously much less than present prices, do you think would properly reflect "fundamentals" for gold, oil, wheat, corn, coffee, cotton, iron ore, copper, etc.,?
"All things are an equal exchange for fire and fire for all things, as goods are for gold and gold for goods."
Herakleitos of Ephesos, fr, 90