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Commodities Briefing - Categorized | Market Moves, Market Pulse more

Where is the bottom? – some commodity stocks seriously oversold

Posted on 14 October 2008

From Mineweb.com: As most commodity prices have continued to plunge, and commodity stocks have fallen even faster, could we be nearing, or at, the bottom? If so there are bargains to be had out there.

The market has moved beyond logic to serious panic as evidenced by not only the enormous declines in commodity stocks, but in stocks in general. Blue chips have fallen alongside those with less illustrious antecedents. Only gold seems to be bucking this trend and here price movements have been volatile - up $50 one moment, down $50 the next…… Full Article: Source


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This post was written by:

VRS - who has written 41692 posts on Opalesque Commodities Briefing.


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