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Saturday, 01 October 2011 12:46 |
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Most of the commodities markets topped out earlier this year and have declined since then. If the recent declines in crude oil and copper (probably the most important industrial commodities) are to continue, these would be clear signs of slow economic activity and deflationary environment. Gold is usually the ultimate safe-haven but since it is overextended on the upside (after its 10-year+ bull market) it may not be so stable this time. This article takes a look at the Long-Term trends in crude oil, copper and gold. You can view the full article here.
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