Commodity Chartbook – Nasty Drops
June 22, 2012 12:46 pm
It has been a very rough patch for commodities. As the USD has climbed against most major currencies, commodities have come under severe pressure. Oil is down more than 20% this year and gold is back to even.
But take a look at coal – no wonder why that sector has been obliterated. (PCX) (ANR)
Below is the latest commodity chartbook.