Peak Oil is You

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Page added on April 29, 2006

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Gold, silver, oil bull markets now look frayed

Investments in gold, silver and other commodities should be causing a queasy feeling by now. After a boom that took the prices of many raw materials to the highest levels in 25 years, the commodities market seems to be entering its final, manic phase. Gut-wrenching price movements. Claims of paradigm shifts. A flood of overinvestment. It is all spookily similar to the dot-com bubble in early 2000. The question is when the crash will come –and what the consequences will be for the global economy.

In the same way, what


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