Fuel Prices
Oct 22-07 I paid $2.96 for #1 Home Heating oil,
Today it is $3.25, a 10% increase in 40 +- days .
Last May-07 it was $2.53.
Lets not talk about the pharmaceutical industry either .
It's the oil traders and speculators, driving the marketplace now, any disruption(news, fears) in the supply side , affects economies world wide !
Many of the producers ( countries) even say there is plenty of supply for the current market. Fundamentals of the marketplace , ....... well let's revisit history and the Hunt Bros attempt to corner the Silver Market.
Look at the current debacle in the subprime mortgage loan industry .
Lot of stuff is not normal from my viewpoint !
23 ? USA Senators not running for reelection or retiring ! Big turnover there.
Are we going to revisit the Great Depression ?? 1929? era.
We are experiencing hyper inflation right now, whether people recognize it or not, similar to the prelude to WW2.
Dunno, but that is my thoughts, maybe things will turn around for the better.