commodities falling

Gold, Silver, Platinum, Palladium, Copper, Nickel, Aluminium, Lead, Zinc and oil are all down in European trading.

Copper -5.6%, Nickel -3.3%, Al -2%, Lead -2.9%, Zinc -1.5%
Oil is back down to $63
Gold -1.6%, Silver -4.4%, Platinum -4.6%

The brief rally in commodities of a few days ago looks to be all over and the slide in prices has resumed. The resource boom that was going to last 20 years appears to be all over after about 2-3 years with what is probably the biggest and nastiest collapse in commodity prices ever seen.