buckclubwrote....
"i think it has more to do with the demand of china and other third world countriesfor metals b/c they are growing at such a rate the demand for the metals, grains, fuels, fertilizers, all commodities is huge, thus driving up the price. The weak dollar has a part. Fuel price going up has some but not all of the increase explained "
Ditto, I've read the same. USNews or something, maybe National Review.
China is buying alot of the worlds surplus steel, copper, etc. And requesting more.
Supply and demand economics.