Why commodities could be heading for an upturn

Markets are intertwined like never before, with commodity prices following stocks ever lower. Oil, gas, gold and silver have all touched new lows for the year. So are they approaching a bottom?

Never has there been a time where the stock market has influenced the commodities markets so much. Last time I checked, the price of soybeans, cocoa or orange juice had absolutely no relationship to whether Microsoft (Nasdaq:MSFT), Disney (NYSE:DIS), or Google (Nasdaq:GOOG) declined in price.

But these days, we've got a serious blurring of the lines between global marketplaces. In addition, the prevalence and ease of electronic trading, coupled with well-capitalised hedge funds, means we're seeing all kinds of different markets having an affect on one another.

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