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commodity prices
Posted at 1:52pm on Jul. 7, 2008 Commodity Prices Are Falling Sharply
Unusual Market Action
By blackhedd
Remember a few days ago, I suggested here and here that: A) commodity prices worldwide are in a bubble; B) bubbles always burst; and C) when this one does it’ll be bad news because so many global investors have piled on?
As I write at about 1:45pm EDT, every major commodity that is traded on world markets is down sharply. It’s been a long time since I’ve seen anything like this.
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