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Wednesday
Aug052015

Gerald Celente – Plunge In Commodity Prices Worst Since 2008, Is There Panic On The Street?

With oil hitting new lows, today the top trends forecaster in the world sent King World News a powerful piece which noted that the plunge in commodity prices is the worst since 2008.  He also asked:  Is there panic on the Street?


"We're all just one trade away from humility Bud." — Marvin, Bud Fox's friend and fellow stockbroker (Wall Street)

 

By Gerald Celente of Trends Research Institute

August 5 – (King World News) – The Bloomberg Commodity Index is at a 13-year low. Last month, the S&P GSCI total Return index, which tracks a basket of commodities, fell 14 percent. That was its worst decline since November 2008. Twenty-three of the 24 index components tracked, registered losses for July…. 



To continue reading the Gerald Celente piece click here......

 

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