Commodity Prices Soar


	Commodity Prices Soar

abailart

1-12-2008 4:53 AM

162 views

tags:

personal morality, economics, money for nothing

abailart says:

coffee, cocoa, palm oil. Money to be made from these notoriously 'unethical' products. If people really give a damn maybe now is time for a bit of sacrifice.

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/4ad4db42-f2aa-479e-9f1c-6a065cd6c2bf/4E1011AD-16B2-44A2-A772-80362EE37F38/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://business.timesonline.co.uk/tol/business/economics/article3174754.ece" href="http://business.timesonline.co.uk/tol/business/economics/article3174754.ece" style="font-size: 11px;">business.timesonline.co.uk</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://business.timesonline.co.uk/tol/business/economics/article3174754.ece"><DIV>
A wave of money is flooding into the commodity markets, adding more lustre to
gold and pointing a spotlight on obscure markets such as coffee, cocoa and
palm oil, as investors take fright from credit risk and the looming spectre
of recession.</DIV><BR /><DIV>
Gold and platinum hit new records yesterday as traditional investors sought
out safe havens for cash in troubled times. Concern over emerging signs of
recession in the United States depressed the price of crude oil, which
seesawed in indecision yesterday, but coffee and cocoa soared as investors
searched for the next commodity stars.</DIV></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://business.timesonline.co.uk/tol/business/economics/article3174754.ece">
Palm oil also hit a record price</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://business.timesonline.co.uk/tol/business/economics/article3174754.ece">wheat, corn and soya are in
demand and the search is now on for the next commodity to catch fire</blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/4E1011AD-16B2-44A2-A772-80362EE37F38/blog/" title="blog or email this clip"><img src="http://content6.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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