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| Chinafotopress |
When the price of oil dropped to about 25% of its all time high late last year, some thought it was a return to normalcy for a market that has been racked by explosive inflation for the previous two years.
Jump forward six months and the price of oil has doubled — presently it is at 50% of its record high — and there is little sign of price growth slowing down. Gold, one of the main markers of inflation expectations, has jumped from a low of USD 712.3 per ounce at the end of last year to back within USD 50 of the metal’s all time high of USD 1004.38. Spo ...
Please login to continue browsing ... or Sign up for FREE. ... plenty of coal in the ground, each and every problem with coal prices pushes more money into solar and wind energy.
While different commodities face different short or long-term problems, dealing with commodities and commodities shortages is going to be a major issue for everyone in the coming decade, and no place more so than in China. Yet, wherever there are such issues, there are also plenty of people lining up around the block to find ways to make money off of the solution.