Commodities today from an analyst.

Now gold is dropping and all the rest of the commodities he suggest they have not reached the bottom.

During last years there was some belief that there was a shortage of commodities specially oil due to demand problems.

With the credit problems in the US which most analyst thought it would be a major problem in the US and not elsewhere things has changed because European bourses and all the rest seems to have more problems then earlier thought so putting world wide economics in or near a recession causing slowing in demand.

So now people realize this they sell their commodities at every uptick.This was clear to me in last troubles with Iran, and now in Georgia. After a small spike oil price is further sliding.

He thinks if oil price should drop below 100 this could be a good sign for people that inflation is away for quite a while and this could stimulate the economy, could give more room for rating cuts.

So if oil price would take a dive again CLL will go to 3 again IMO.Positive could this be for MRC to recover.