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Commodities Briefing - Categorized | Investment, Market Moves more

Commodity stocks may have been seriously oversold. Buy at, or near, the bottom.

Posted on 15 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 37561 posts on Opalesque Commodities Briefing.


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