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Rise and fall of commodities gives hints for 2009

Posted on 30 December 2008

From Reuters: Just a year ago the debate about grain prices was simple: how high was high? Huge global demand for grains, governments hoarding food, climate fears amid droughts, storms and floods — basically every bullish factor one could imagine hit the markets.

The psychology of short supplies carried over to other commodities as well, especially industrial metals as China and India drew in a rapidly rising share of materials as their economies raced to modernize and transform….. Full Article: Source


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VRS - who has written 36685 posts on Opalesque Commodities Briefing.


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