Outlook Is Cloudy for the Commodity Boom ; Taking Stock
Mail on Sunday › February 21, 2006
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Summary
TAKE a trip down memory lane, if you will, to January 1998. President Clinton has just denied having a relationship with Monica Lewinsky and Tony Blair has announced the Bloody Sunday inquiry.
On the commodity markets, gold traded on January 2 at about $288 a Troy ounce. And on the same day, Brent crude oil for February delivery changed hands at about $16.65 a barrel.See the full content of this document
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Outlook Is Cloudy for the Commodity Boom ; Taking Stock
In those days, just eight years ago, there was an assumption that commodity prices would stay low, kept in their place by a mixture of healthy supply and the growth in free trade around the...
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