| Recent declines in commodity prices have raised the idea that the so-called commodity supercycle is over, but not everyone believes that. Month to date futures prices, based on the most-active contracts, for gold have lost around 5%, silver’s down over 7%. Oil and natural-gas futures have lost around 4%.
But “despite recent falls, commodity prices are still near their levels of early to mid-2008, just before the global financial crisis hit,” said analysts at McKinsey & Company, in a recent research note...............................................Full Article: Source
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