Saturday, March 15, 2008

The pressure of USD steep drop


What are the immediate effects of such a steep drop in USD?

It puts extreme upward pressure on anything and everything. This has really kicked in especially within the last year to two years, and has been building before that for the better part of this decade.

Metals
* Aluminum: up 76% in 4.5 years
* Copper: up 333% in 5 years
* Platinum: up 353% in 9 years
* Silver: up 272% in 6 years
* Gold: up 300% in 7 years

Food
* Canola: up 133% in 2 years
* Cocoa: up 206% in 7 years
* Coffee: up 170% in 6 years
* Corn: up 150% in 2 years
* Oats: up 160% in 3.5 years
* Rice: up 239% in 6 years
* Soybeans: up 134% in 1.5 years
* Wheat: up 200% in 2 years

Fuel
* Brent Crude Oil: up 900% in 9 years
* Heating Oil: up 450% in 9 years
* Light Crude Oil: up 850% in 9 years
* Propane: up 190% in 9 years

The source is here.

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