17.11.2011 - Commodities could benefit from market turmoil
As the eurozone weaves its disastrous spell across the markets, commodities have suffered more twists and turns than a rollercoaster. After soaring to two and a half year highs earlier in the year, oil prices took a steep tumble amid fears for a demand slowdown, while gold slumped from its record high as investors fled the commodities market and copper has shed 8% this month alone. Economists at Capital Economics expect the escalation of the crisis in the eurozone to contribute to further large falls across almost all commodity prices over the next year or so, bar gold and silver............................................Full Article: Source
Print