Copper $ 5.4705 / lb 0.26%
Brent Crude Oil $ 63.89 / bbl -0.02%
Palladium $ 1513.5 / ozt 0.60%
Crude Oil $ 60.23 / bbl 0.13%
Natural Gas $ 5.122 / Btu 0.43%
Silver Futures $ 58.79 / ozt 0.04%
Aluminum Futures $ 2923 / ton 0.70%
Micro Gold Futures $ 4243.3 / ozt 0.35%
Micro Silver Futures $ 58.78 / ozt -0.04%
Platinum $ 1670.6 / ozt 0.54%
Gold Futures $ 4243.2 / ozt 0.36%
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A mea culpa for not recognizing the 2011 resource bubble

Michael Allan McCrae | May 10, 2016 | 5:40 am Base Metals Energy Precious Metals Coal Copper Gold Iron Ore Silver Uranium 

There was no commodity paradigm shift and there was no "peak everything" in 2011, says Jeremy Grantham in his recent letter to investors. The storied investor, writing in this spring's GMO Quarterly Letter, runs an autopsy on his own bullish...

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