Home > Macro/Monetary Theory > Commodity Bust

Commodity Bust

Some things that happened today:

The DJIA fell a lot.

Oil prices fell

Silver prices fell a lot (gold prices fell a little but put options rose more significantly)

“Japan and Switzerland took action to hold down the rise of their currencies.” -WSJ  (Video)

Jobs numbers continue to be weak

The race to inflate the most is on.  Get ready for QE3….

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