Tuesday, September 30, 2008

I Would Never Say "I Told You So"

Look back at the April 23rd post. Then read the following from Yahoo:

The CRB Index, which measures a basket of 19 commodities, is down 26% due to concerns of a global slowdown and an unwinding of speculative positions during the recent turmoil. The hardest hit commodities include natural gas (-46.9%), soybean oil (-34.4%) and corn (-31.2%). The best performing commodities are lean hogs (+12.2%), sugar (-3.6%) and gold (-5.5%). Crude oil is down 29%.

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