Tomorrow some of commodities reached their lowest price since 2008. the dollar rallying and commodities slumping is first and second inning as a stronger dollar and slower economic growth eroded demand for raw materials. Economic growth will be “particularly weak” through the third quarter. People have gotten very worried about demand for commodities because of this global meltdown.
The CRB Index of 19 raw materials declined 12.12, or 3 percent, to 387.42, the lowest since April 2. The measure is down 18 percent from a record 473.97 on July 3. Crude oil fell $4.82, or 4 percent, to $115.20 a barrel on the New York Mercantile Exchange. Earlier, the price touched $114.62, the lowest since May 2. Oil has dropped 22 percent from the record $147.27 on July 11. Gold futures for December delivery fell $13.10, or 1.5 percent, to $864.80 an ounce on the Comex division of the Nymex. The price has dropped 6.3 percent in six sessions.
I think, we no need to worry, because again and again it just because slower market demand. as an economic principle, lower demand price getting lower, higher demand, price getting high. When the end of the year everything would be back to normal. Because every end of the year, in my note Consumer would increase their demand.
never forget about the meaning of investment. Never be panic. If we’re panic we are doing speculation.








