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Commodities Briefing - Categorized | Commodity Crisis, Market Moves more

Commodity boom is over

Posted on 28 November 2008

From Moneymanagement.com.au: Commodity prices are not expected to rise until the second half of next year, presenting a gloomy outlook for the resources sector for the next six months.

“From 2004 to just three months ago, commodity prices kept growing, but the commodity boom is now over,” Plato Investment Management managing director Don Hamson said at a Russell presentation. “The calling off of the BHP/RIO deal was the last nail in the coffin for the end of the commodity boom.” …. Full Article: Source


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VRS - who has written 36706 posts on Opalesque Commodities Briefing.


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