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No inflation? Commodities highest ever for this time of year

Posted on 06 February 2013

While every central banker and policy-leech spews forth the government-supplied statistics on inflation - noting that all is well, carry on - we recently pointed out that Gas Prices are their highest ever for this time of year.
Of course, the standard supply constraints (or technical) reasoning was applied to dismiss this as transitory (even though it has continued to rise since); but what is perhaps more worrisome is the broad-based nature of the real inflation that is leaking into our global supply chain. ……………………………………….Full Article: Source


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VRS - who has written 38584 posts on Opalesque Commodities Briefing.


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