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October 5, 2011

The Case Against Commodities

“The trend of rising commodity prices in recent years helped fuel a belief that is now common among financial advisers and pension managers: that ordinary investors should have some slice of their long-term money parked in commodities.  But there’s a case against commodities, too: the human tendency to feed our appetites ever more efficiently, which periodically undercuts commodity prices and in extreme cases has even wiped out entire markets.”

Read the full story at The Wall Street Journal

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