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Fears Of Global Economic Slowdown Slams Commodities

Friday, September 23, 2011 - 6:10 AM
Is this the start of the bursting of the gold bubble? From CNNMoney.com
In the past two months alone, [copper] prices have plummeted more than 20%, putting copper into bear market territory, which is pretty much a blinking red light for the global economy.
[...]
Even gold, which is typically perceived as a safe haven to rush into during times of fear and uncertainty, fell almost 4% $1,741.70 an ounce Thursday, signaling just how fearful investors are about the potential for global deflation.

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Ken TuminKen Tumin5,473 posts since
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