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Commodities Briefing - Categorized | Commodity Crisis, Price Watch, Research more

Commodities: View from the bottom?

Posted on 17 December 2008

From Seekingalpha.com: There’s been so much bad news about commodities and equities recently that commodity stocks have taken double gut punches. That’s certainly been reflected in the charts of some of the hard asset portfolios in the Market Vectors exchange-traded fund lineup.

The Market Vectors Steel ETF tracks the AMEX Steel Index and has dipped 64% year-to-date. After sinking to $20 a share late last month, though, the fund’s now holding at $30….. Full Article: Source


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