18 December 2014. Oil prices have plummeted 40% since June but that is not the whole story. The price of iron ore is down, too. So are gold, silver, and platinum prices. And the same is true of sugar, cotton, and soybean prices. In fact, most dollar commodity prices have fallen since the first half of the year.

PROJECT SYNDICATE

http://www.project-syndicate.org/commentary/commodities-oil-falling-prices-by-jeffrey-frankel-2014-12

 

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