28.03.2011 - Are commodity prices in a bubble?
There has been a lot of talk in the financial news lately about whether or not commodities such as gold, silver, wheat, copper, steel, and oil are in bubble territory. Itís interesting that the same people who were so sure back in 2007 that there was no housing bubble are now telling us that commodities are in a bubble. They point to the fact that the Central Bank of China is taking steps to keep their economy from over-heating. Since China is the engine of global growth, a slowdown there will dampen their demand for these commodities, there is no arguing that...........................................Full Article: Source
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