22.10.2008 - Do not count out commodities
From Forbes: There is a pervasive, and admittedly seductive, argument floating around that the U.S. is headed for a dire bout with deflation. These folks point to the recent decline in commodity prices as solid evidence. I contend that the decline we have seen in commodities has been a consequence of deleveraging and the self-feeding process of liquidation brought on by highly leveraged institutions finding themselves at the door of bankruptcy, selling everything and anything to raise needed cash. Once one sells down prices, another is compelled to follow suit..... Full Article: Source