Tuesday, November 6, 2007


Industrial commodities like lead, nickel, copper, alumunium, zinc are facing consistent declines and rising inventories at the London Metal Exchange. However, agri commodities like rice, maize, pepper, wheat are at their all time highs. Precious metals like Gold are creating new highs every other day followed by another important industrial metal like Silver. Adding to all round inflation is boiling Crude Oil prices, which is very close to US$100/barrel. Cheap and abundent currency along with ever increasing demand is fuelling this rise in finite and scarce commodit space.