Comments on: CHART OF THE DAY: RECOVERY IN METALS PRICES? http://pragcap.com/chart-of-the-day-recovery-in-metals-prices Sun, 12 Feb 2012 13:32:07 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: TPC http://pragcap.com/chart-of-the-day-recovery-in-metals-prices/comment-page-1#comment-2595 TPC Tue, 30 Jun 2009 16:35:16 +0000 http://pragcap.com/chart-of-the-day-recovery-in-metals-prices#comment-2595 Anonymephistopheles, we are on the same page. I dont know if you read my post on commodities, but there is very little evidence that the price changes are anything more than stimulus and seasonally driven....Oil is up 100% in the last 4 months. Gas is up 120%. The numbers just dont correlate to the economic and consumer weakness.... Anonymephistopheles,

we are on the same page. I dont know if you read my post on commodities, but there is very little evidence that the price changes are anything more than stimulus and seasonally driven….Oil is up 100% in the last 4 months. Gas is up 120%. The numbers just dont correlate to the economic and consumer weakness….

]]> By: Anonymephistopheles http://pragcap.com/chart-of-the-day-recovery-in-metals-prices/comment-page-1#comment-2594 Anonymephistopheles Tue, 30 Jun 2009 16:33:08 +0000 http://pragcap.com/chart-of-the-day-recovery-in-metals-prices#comment-2594 "commodity prices" instead of first reference to economic development in second paragraph... “commodity prices” instead of first reference to economic development in second paragraph…

]]> By: Anonymephistopheles http://pragcap.com/chart-of-the-day-recovery-in-metals-prices/comment-page-1#comment-2593 Anonymephistopheles Tue, 30 Jun 2009 16:28:41 +0000 http://pragcap.com/chart-of-the-day-recovery-in-metals-prices#comment-2593 “The trend in demand is upwards, so the trend in industrial commodity prices should be similarly higher,” he wrote. “Prices have not run markedly far ahead of economic developments.” I'd like to see his data on how economic development is not running "markedly far ahead of economic developments". If metals and steel are ahead 36% and 42% for the year, then by his own statement that would mean that economic development data would have to match that. “The trend in demand is upwards, so the trend in industrial commodity prices should be similarly higher,” he wrote. “Prices have not run markedly far ahead of economic developments.”

I’d like to see his data on how economic development is not running “markedly far ahead of economic developments”.

If metals and steel are ahead 36% and 42% for the year, then by his own statement that would mean that economic development data would have to match that.

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