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Commodities crushed! Don’t blame China

Posted on 16 April 2013

The sell-off in commodities is getting serious in early trading on Monday. Word of Chinese GDP coming in at 7.7% against 8% expectations last night is being blamed, but today isn’t the start of the selling.
Brent crude is down 3%, but was already 15% lower that where it traded in February. Copper is near 18-month lows, aluminum is near 3-year lows and silver is down double-digits today alone………………………………………..Full Article: Source


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VRS - who has written 38939 posts on Opalesque Commodities Briefing.


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