19.04.2013 - What does the decline in commodity prices tell us?
It isnít news to anybody who follows markets that commodities in general and gold in particular have taken a beating in the last week or so. There is no shortage of people telling us that this is the harbinger of a collapse in stock prices. I disagree. I have felt for a while that we are due, or even overdue, a correction in the stock market, but I can find little historical evidence that a quick decline in the price of gold or commodities in general signals a collapse. Some point to 1980, when that pattern did emerge, but that looks more like an isolated occurrence than a reliable indicator............................................Full Article: Source
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