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Brian Domitrovic: The Last Time Oil Collapsed
Just over $100 to just about $30. When that happens to a stock, net worth sure is wiped out. Same thing for other investment vehicles, such as commodities? Not at all, actually.
The numbers here are, of course, the price-drop in a barrel of oil over the last two years. Divide by 2.5, and you get pretty close to exactly the metrics of
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Posted: February 9, 2016 Tuesday 08:12 AM