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Commodity comeback ‘neither feasible nor likely’

Posted on 09 October 2013

John Greenwood, chief economist at Invesco, the US investment group, has predicted that commodity prices will not recover from their long slump any time soon.
In the year since September 2012, the Reuters-CRB index of commodity prices – which has a bias to precious metals such as gold, silver and platinum but excludes oil – has fallen by 14%. The S&P/Goldman Sachs Spot index, which incorporates oil, has lost 8% through the same period………………………………………..Full Article: Source


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