| From Indiatimes.com: The slowdown in the global growth engine has impacted asset classes across the board, and commodities are no exception. Barring gold, both hard (metals, crude oil, etc) and soft (farm) commodities have fallen from record high levels witnessed in the first-half of 2008.
For example, crude oil, which soared to an all-time high of $147 a barrel in July last year, is currently traded at $30 levels. While the commodities bull run commenced in the early part of this decade, many investors, who put their money into commodity funds towards the end of 2007, have seen their wealth all but evaporate and now fight shy of viewing commodities as an asset class..... Full Article: Source
|