Commodities still well shy of the 2006 correction

http://themessthatgreenspanmade.blogspot.com/2008/08/commodities-still-well-shy-of-2006.html
Based on the CRB Index shown above, the May to October move down in 2006 - from 366 to 293 - works out to a 19.9 percent decline.

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Same calc for gold:
730 - 542 = 188 = 25.7 %
1033 - 846 = 187 = 18.1 %

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Same calc for Oil, but with different dates of the peaks.
80 - 51 = 29 = 36.25 %
147 - 116 = 31 = 21.08 %