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September 22, 2008

Credit Storm Hits Commodities – Barron's- Topic: News

Filed under: Uncategorized — Tony Spann @ 1:25 pm

Credit Storm Hits Commodities – Barrons. THE HURRICANE RIPPING THROUGH the financial sector is creating havoc for commodities, too. Cash — with some money-market instruments excepted — is again king. The latest wave of banking crises has pushed copper and the base metals to multi-month lows and grains far off their summer highs; it has left crude subject to jagged price movements between $90 to $100 a barrel. Print Subscribers and Students , visit our specialized service centers. read more

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