22.07.2015 - What's behind the falling prices of oil, gold and copper
There's a firesale on raw materials like copper, aluminum, gold and oil, raising concerns about the health of the global economy. The CRB raw industrials spot price index is now at its lowest level since November 2009. The Bloomberg Commodities Index touched levels unseen since June 2002. What's going on? "It's a yellow flag for the global economy. I don't think it's a heads up that we're headed for disaster, but I do think it tells us something," said David Kelly, chief global strategist at JPMorgan Funds. Why are these commodities tanking? First, there simply isn't enough demand...............................................Full Article: Source
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