Posted: March 29, 2009

(You're free to reprint this article in it's entirety as long as the author and website's names are included and the links below are active to the proper sites listed on this page. - George)

Compiled  for:"The Shaman's Tent"  by: George R. Harrison 

© 2008-2010

Hyper-Inflation Beginnings?:

COPPER PRICES

Let's start with some basics.

You and I know that the money presses are running red-hot day and night trying to manufacture the money that has already been spent and lost in "the Great Bail-Out Caper".

They will never, ever be able to print what has been spent, committed and wasted over the last 4 months.

This kind of unprecedented inflation of the money supply will, of course, eventually show itself by ratcheting up prices while deflating the value of the US DOLLAR.

Many suspect that this time we risk Hyper-Inflation, not the ordinary kind. It won't happen overnight, but, it will give us some early clues.

We may be seeing exactly that with the rising cost of Unleaded Gasoline, Crude Oil and now, the beginnings of a rising price trend in the industrial metal COPPER.

UNLEADED GASOLINE PRICES

Take a look at the COPPER chart at the top of this post.

This is the same kind of breakout above the "Golden Line of Intention"* that we have seen happen in Unleaded Gasoline and Crude Oil.

LIGHT CRUDE OIL PRICES

These are 3 commodities that are foundations of the US and World Economy.

If they go up, everything else will have to follow in time.

Remember back a few months when gasoline or petrol was skyrocketing? The economy started to grind to a halt and that was without all the other bad financial news that's come around since then.

In addition, as we have noted in earlier posts, GOLD and SILVER are also still in uptrends.

These, I think, are further indicators that the value of the US DOLLAR is eroding at the edges of the economy. -George

*"Golden Line of Intention"* - This is the golden line that we  place on our charts to indicate where we believe the big money interests are betting that the Markets will go. When their strategies are met, prices will break through the old line, change their trend and establish a new "Golden Line of Intention".

TAGS: Unleaded Gasoline Prices, Copper prices, Light Crude Oil Prices, hyper-inflation, rising price trend, commodities, devaluation, US Dollar, Golden Line of Intention