Commodity Prices: Peaks and Plateaus
Prices for key commodities are up and down, and supplies often are limited. Seems we’ve been down this road before, the last time when the gears of the global economy were spinning at high speed. These days, many industrial nations are on the verge of recession or worse, and the planet’s most prodigious consumers of raw materials (China, et al.) are dieting. How can prices spike, or remain unchanged, in such an economic environment? Adam Smith must be spinning in his grave.
BIG CHANGES HAPPEN, FAST
“Customers expect commodity and service prices to travel ...
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