Is It Time To Buy Commodities?

If you’ve been following financial markets, you know that commodities have suffered very steep declines since last year. Oil, which traded at $105 (U.S.) a barrel in June 2014, now trades around the $40 mark. Copper is hovering just above $2 per pound, down over 50% from its peak in 2011. These are just two examples: almost without exception, prices for commodities have collapsed. Perhaps not surprisingly, many commentators are putting on their contrarian hats and suggesting that...