Why base metals and other commodities don't crash...

Why base metals and other commodities don't crash?

Baltic dry index plummeted.....

 

They still might.

 

They will.

Not if, when.

They always do. Cyclical nature.

 

Because every time fed cut rate, it makes the dollar weaker. Metal prices is an indication of inflation.

 

commodities dont crash because the surprises cause them to surge up. You never hear of a new oil field discovered or a new bean field that just sprouted miraculously.

 

Surprises also cause them to surge down just as well.

 

becouse china buy them , and china does not crush.

 

My lumber chart shows fast price value decreases about years 1979 to 1984, 1994 and 2000.

 

i disagree.

what surprise caused a commodity to crash in price?

 

How quickly they forget:

http://www.nytimes.com/2006/09/06/b...dad2b99f228e40&ei=5088&partner=rssnyt&emc=rss


Big Oil Find Is Reported Deep in Gulf
Published: September 6, 2006

An announcement yesterday by three oil companies of a successful production test in the Gulf of Mexico — potentially the largest American oil find in a generation — was seen by experts as ushering in a new era in ultra-deepwater offshore drilling.