08.10.2008 - Deleveraging in commodities amid financial crisis

From Forbes: Investors have been selling commodities to reduce risk and raise cash over the past three months, a process known as deleveraging, amid the global financial crisis. Commodities had attracted fund money earlier this year as a hedge against the weak dollar and inflation. Commodities have been rallying for six years due to surging demand for them in emerging economies, such as China...... Full Article: Source

Print