7/07/2004

More inflation bullshit from the main media as prices drop. Check the commodity prices of beans, oil, meal, corn, wheat and meats. Again, stay away from the news. Inflation is now cooling and cooling pretty fast. Look only at numbers. The CRB Index which measures commodity prices including oil is down a full ten percent from their April highs and has formed a perfect "W" double top formation. Make no mistake, the index is still high, but it is way off the highs.

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