15.12.2008 - Commodities' future looks bleak - look for short opportunities
From Learningmarkets.com: Rio Tinto (RTP) announced that they are laying off 14,000 workers. Combined with a proposed financing restructure the company hopes to weather the storm in commodity prices over the long term. The CEO called the current market environment of commodity price collapses "unprecedented." Personally, I would have to agree..... Full Article: Source
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