Commodities Update

According to Bloomberg News:

Down: copper, corn, oil
Up: soybeans (Chinese states were ordered to obtain reserves)
Gold is unchanged.

Once minerals hit bottom, hopefully that will inspire more production. The question will remain, though, as to who will be buying finished goods.

OPEC will cut production. They have to be careful, though. If they cut production too much, the whole world will switch to batteries.

When will potable water supplant oil and gold as the commodity of prime speculation?