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COMMODITIES CARNAGE

We've pointed out the massive slide in gold prices today, but that's not the only commodity that's falling off a cliff today.

Silver, copper, platinum, palladium, crude oil, and natural gas are just a few of the commodities that have taken a tumble lately.

In particular, this selloff appears to have thrown a ceiling on the upward progress of oil, which had been topping $100/barrel since late last month. It has fallen from around that value to less than $95/barrel since this morning:

crude oil 12-14-11

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  • A Quick Look At Last Century's Breathtaking Rise In Human Productivity
  • Morgan Stanley Reveals Its Commodity Predictions For 2012
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