| 17.10.2008 - Commodities extend slide amid fund disinvestment |
| From Cattlenetwork.com: Commodities sank Thursday in a broad sell-off fueled by continued liquidation from funds and other investors nervous about the global economy. Metals, crude oil, grains and softs slumped as index and hedge funds pared positions and moved to cash. The flight of the funds from the markets was "like lemmings swimming in the same ocean," said Dan Basse, president of AgResource Company...... Full Article: Source |