Category — Commodities
COMMODITIES CRASHING
News of the worst economic conditions since World War II helped send the price of commodities crashing on Tuesday, February 17. The benchmark CRB Index – which tracks the price of oil, metals, crops, and other raw materials – is down 10% so far this year… and sits near its lowest price level since June 2002.
When folks aren’t building televisions, cars, appliances, or houses, demand for raw materials falls of a cliff. What does this mean for Trader’s Money Club members? It means soon, we will be looking to buy commodities hand over fist. Stay tuned.
February 18, 2009 1 Comment


