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Recommend Some numbers arising from New Core demand (Email)

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COLUMN: “Let’s Shoot the Speculators!” by Robert J. Samuelson, Newsweek, 7-14 July 2008, p. 18.
Obviously, the title is sarcastic. Point of piece is rising demand from emerging markets, that drive up prices in following percentages since 2002:

+ aluminum 95%
+ copper 360%
+ corn 70%
+ gold 125% (isn’t it ALWAYS a good time to buy gold?)
+ nickel 452% (screw gold, buy nickel)
+ oil 177%
+ steel 117%
+ zinc 314%.

Demand constitutes real power in this era, not supply.


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