By Brian Hunt in DailyWealth:
Another leg higher for copper, another blow to the "deflationists."
Last year, we told you one of the great investment debates of our time is this: "Is the U.S. government's crazed spending going to stoke inflation and higher commodity prices? Or is the consumer so tapped out that he can't buy anything... and is a long slog of deflation on the way?"
For a rough gauge of inflation, we track...
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