Monday, March 21, 2011

Price of Cotton is indicator of massive price inflation in commodities

Cotton is one of many commodities that are showing major price inflation tendencies.That means that a dollar buys less of just about everything. So it makes sense to buy something that will hold its value in relation to basic commodities over time, rather than stashing away increasingly useless dollars or other fiat (make believe) currencies.
The "poor man's gold", silver, is a good candidate. Just make sure you buy physical silver, rather than someone's promise to give you some on demand: There are very few promise keepers in the financial world! More commodity charts here


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