06.05.2011 - Commodities crash was predictable
So Goldman Sachs was right after all. The bank everybody loves to hate called the top of the commodities market three weeks ago; yesterday, its prediction came true, with the declines in key commodities seen in recent days suddenly turning into an almighty crash. The price of oil plunged especially dramatically, with Brent crude losing $12 yesterday, or 10 per cent, to trade at around $109 a barrel..............................................Full Article: Source
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