Inflationists Please Note: Commodities Down Across the Board (Worst Week In 50 Years)

The latest from Jas Jain
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Subject:	Inflationists Please Note: Commodities Down Across the Board (Worst Week In 50 Years)
Date:	Sat, 4 Oct 2008 06:24:01 -0700
From:	Jas Jain

DJ-AIG Indexes	3-Oct	Week	YTD
Commodity Fut	159.017	-10.1%	-14%
Total Return	318.25	-10.0%	-13%
Energy	248.814	-9.5%	-7%
Petroleum	462.175	-12.5%	-3%
Livestock	46.355	-6.0%	-19%
Grains	55.3	-14.5%	-21%
Industrl Metals	156.54	-9.5%	-18%
Precious Metals	119.386	-8.6%	-9%
Softs	48.089	-9.8%	-20%
Gold	835.5	-5.6%	+0%

As I have said repeatedly gold will out-perform all commodities and it is a currency and not a commodity like silver and platinum are. Here is my flow chart from early 2008:

US Recession -- > Commodities Bust (WE ARE HERE) -- > Depression -- > Deflation -- > Greater Depression.

Inflationists and commodities bulls are ignorant of how the economy really and monetary policy really works. They confuse bubbles with secular trend or change. No, Fed is NOT Printing Money. It is just helping the bankers and financiers at the expense of the rest. Under capitalism capitalists rule! And gangs are in-charge.

Jas