Chapter 7. Commodities and Collectables
Commodities
There is no doubt that you will have seen at least one article about commodities in a newspaper or watched a programme about them on the television within the past year. Over the past few years, commodities have certainly been under the spotlight and have gone from lacklustre performer to the talk of the investment town. After reaching record highs in the first half of 2008, commodity prices then experienced record percentage falls in the second half of the year. So it has certainly been turbulent times for commodities. Was there a bubble that burst? Did forced sellers, hedge funds and speculators amplify the upward and downward price movements? What are commodity prices likely to do over the ...
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