All bubbles are built on some fundamentals. Commodity prices should be rising but not by this rate. When people overreact on the up side, eventually they overreact on the down side.
On top of that, the world (not just the U.S.) cannot sustain these skyrocketing commodity prices -- something's gotta give. Sounds very familiar to housing in 2005, doesn't it?
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There is no class so pitiably wretched as that which possesses money and nothing else. -Andrew Carnegie
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