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Commodities Briefing - Categorized | Commentaries, Commodity Crisis more

How commodities confirm the worst

Posted on 05 March 2009

From Moneyweek.com: Anyone with doubts about the voracity of the collapsing global economy, only needs to look at the CRB Index, an index of commodities, to see that something truly important and very serious has happened.

Since December last year, a base formed as commodity prices stopped falling. That base has now been violated and unless it recovers quickly, is almost certainly a harbinger of further global economic decline. Of all the charts we look at, for the time being we think this is key….. Full Article: Source


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This post was written by:

VRS - who has written 38144 posts on Opalesque Commodities Briefing.


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