Page 3 - Commodity Inflation News Today

endangering the lives of civilians who could be caught in the crossphile. jurlists, three being held after five days at the tripoli hotel. cnns chaunce was one of them. steve jobs will step down. jobs is on his third medical leave of absence. he didnt mention his health problems directly but he said the time has come to resign. portions of the u.s. east coast are likely to be under a hurricane watch in just a few hours. hurricane irene is tearing through the bahamas right now with su...

The same way you look at pork bellies or wheat. you dont think of wheat as an investment. its a commodity. >> gold is in a certain sense a commodity, ali, but its also a currency. when you buy gold, you do get a return when inflation is rising, and certain some of the measures of inflation right now are quite low. if you look at commodity inflation, its gone crazy. what happens when you have high commodity inflation like we do, commodity scarcity, you have to print ever more money, ever more cur...

Same way you look at pork bellies, wheat. you dont think of wheat as an investment. its a commodity. >> what do you think, stephen? >> it is in a certain sense a commodity, but its also a currency. when you buy gold, you do get a return when inflation is rising. if you look at commodity inflation, its gone crazy. what happens when you have high commodity inflation like we do, commodity scarcity, you have to print evermore money, evermore currency. i believe its a race to the bottom with euro, th...

Inflation up, the dollar way down. ring any bells with today? >> thats the potential nightmare that we could face if this easy monetary policy explodes out there at some point in the future, but i think we are at the edge of crisis right now and its a crisis of american authority. the dollar is in many ways delinking from currencies around the world. and theres inflation in europe, there is inflation in asia, significant inflation in asia and now in europe, the head of the european bank, jean cl...

inflation up, the dollar way down. ring any bells with today? >> thats the potential nightmare that we could face if this easy monetary policy explodes out there at some point in the future, but i think we are at the edge of crisis right now and its a crisis of american authority. the dollar is in many ways delinking from currencies around the world. and theres inflation in europe, there is inflation in asia, significant inflation in asia and now in europe, the head of the european bank, jean...

Recovery. and if this continues the downward slope in unemployment, you can project it to november of next year. where it would be way below 8%. that would be a real positive for the administration. the one real negative on the horizon is in part oil but also general inflation, commodity inflation. two reason. it takes money out of everybodys pocket. whether its a consumer or business. it has high cost in transportation it has to pass on that. is a drag on the economy. billions are going oversea...

Downward slope in unemployment, you can project it to november of next year. where it would be way below 8%. that would be a real positive for the administration. the one real negative on the horizon is in part oil but also general inflation, commodity inflation. two reason. it takes money out of everybodys pocket. whether its a consumer or business. it has high cost in transportation it has to pass on that. is a drag on the economy. billions are going overseas. secondly, if inflation picks up y...

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