OECD (Organization for Economic Cooperation and Development) Says Real Worldwide Demand Driving Commodity Prices

Posted By on February 27, 2011

From The Wall Street Journal….this is why commodity prices continue to go higher!

WASHINGTON—A report being prepared for the world’s Group of 20 leading economies indicates the main factor behind rising prices for wheat, sugar, cotton, metals, oil and other commodities isn’t speculators, as some have suggested, but that the global demand to consume these goods is growing faster than the supply.

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