The news is that paper traders have pulled their money out of the financial markets and put it in commodities, which creates an artificial scarcity of those commodities, which pushes the price up and makes retail prices higher, etc.
The nugget at the end of the article I read was this:
Hutchinson calls for countries to raise [...]
So, the economy sucks. It’s true, at least in my neck of the woods. I had more customers bail out on me in the last year without paying their bills than I have ever had in my entire career. Two of my biggest three customers in 2008 closed their doors and have pretty much disappeared. [...]
