02.12.2014 - Can The Commodities Carnage Get Worse?
Everyone’s focused on the collapsing oil price. But commodities generally have taken a pasting: precious metals, industrial metals, agriculturals, you name it, it’s probably down. Sure, few have been hit quite as hard as oil, crude prices are down 39% on the year’s highs. Nonetheless pain is being felt across the asset class. The Dow Jones-UBS soft commodities–coffee, cocoa, wheat and fruit–sub-index is down 25%, other agriculturals have lost 24%, the precious metals sub-index is down 18% and the industrial metals index is down 15%...............................................Full Article: Source
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