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

[Doji7]

Why base metals and other commodities don't crash?

Baltic dry index plummeted.....

 

[Jayford]

They still might.

 

[ByLoSellHi]

They will.

Not if, when.

They always do. Cyclical nature.

 

[poyayan]

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

 

[rosy2]

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.

 

[drsteph]

Quote from rosy2:

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.

 

[no_alone]

becouse china buy them , and china does not crush.

 

[Hook N. Sinker]

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

 

[rosy2]

Quote from drsteph:

Surprises also cause them to surge down just as well.

i disagree.

what surprise caused a commodity to crash in price?

 

[Rearden Metal]

Quote from rosy2:

commodities dont crash because the surprises cause them to surge up. You never hear of a new oil field discovered...

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.