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Saturday, April 08, 2006

Bullish Commodity News -- Saturday Edition

Here's some bullish commodity news...

The American Society of Civil Engineers (ASCE) estimates that $1.6 trillion needs to be invested in the next five years to fix America's crumbling infrastructure.

I don't know about you, but that sounds like huge new demand for building materials -- commodities of all types. And when you fix roads, you use lots of oil (unless you're building your roads out of concrete, Mister Fancypants).

Here's the nationwide report

And here's where you can check on the looming infrastructure crisis in your state

Now the question becomes, where do we get the money. Well, we can either pay for it all on credit, then inflate our way to where $1.6 trillion is what an ice cream cone costs, or maybe we could return to an era of fiscal responsibility.

Bwah-ha-ha! Sorry.
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