03.12.2008 - Tough outlook for commodity indexes
From Hardassetsinvestor.com: Investors in commodity futures - and that includes all the people who own commodity futures ETFs - are in a world of hurt. It's bad enough that spot commodity prices are crashing. Oil is down nearly $100 from its highs, and copper and other commodities are down 50% or more. But commodity investors have lived through falling commodity prices before and come out more or less OK. In the 1980s, for instance, the S&P GSCI Spot Commodity Index delivered -1.37% annualized returns for the entire decade. But investors in the S&P GSCI Total Return Index actually earned 10.67% annualized returns..... Full Article: Source
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