Gary Shilling Expects Commodity Prices to Crash

By on July 12, 2011

Gary Shilling sees Chinese demand for commodities waning, leading to a collapse of the bubble in the price of oil and base metals.  Shilling says commodity prices have been further fueled by speculators and Exchange-Traded Funds (ETFs). 

Shilling stated, “Talk about bubbles! If commodities haven’t been in one, I don’t know what a bubble looks like. And I’ve studied a lot of them over the years and concentrated on predicting their demises.”

Source: Moneynews.com

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