28.06.2011 - Standard & Poor's index of commodities falls 15pct
Number of the day 15%. That's how much the benchmark Standard & Poor's GSCI index, which tracks the price of 24 commodities, has dropped in the past two months. If history is a guide, commodities will rebound from their losing streak, the worst since the end of 2008, because shortages of everything from copper to palladium to corn will boost prices even if economic growth slows. The last time the GSCI index dropped for two straight months, the gauge surged 36 percent in the next six months...............................................Full Article: Source
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