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Commodities Boom:
The current commodities boom started in 2002, when the Commodities Research Bureau (CRB) index (which measures the performance of a basket of commodities) formed a clear double bottom with the 1999 low at 190. Prior to this, the index had been in a twenty-year bear market from the 1980 peak. A bull market commenced, smooth and strong from 2002-2006, pushing through the 1980 high towards the end of that period. In 2006-2007, the period that we are now in, the uptrend lost consistency ...

Concho Cruising For Oil by Ruthie Ackerman

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