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  • Wednesday Market Roundup: Sharp Price Drops in Underlying Commodities [View article]
    jimmy416 I fully agree. This article is mis-titled to draw viewers. A big commodities deterioration would indicated even more pain across the board since they are already at depressed levels. Everyone is watching since commodities drops recently seem to lead the way down rather than trailing down weak economic numbers making them a good leading indicator.

    The exceptions are oil and gold which fell much later than all the rest for abnormal reasons. Oil is cartel driven and Iraq war etc effect it. Gold is a silly little arcane hedge conspiracy theorists like using and in not correlated to real demand or uses for it. Rather it just sits around waiting for more bars to be its friend every year.
    Dec 04 02:45 am |Rating: 0 0 |Link to Comment
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