Scotiabank releases commodity price index for November
Deal combines two rapidly growing commodity marketplaces
New nuclear plants in Asia put strain on fuel supply
Little evidence of long-term scarcity
New indices allow investors to measure exposure to longer-dated commodity futures contracts
All-time record high is 113.4% above cyclical low of October 2001
Spike in base and precious metal prices expected to lead index higher in May
Speculation, not fundamentals, driving current boom
New family of 20 sub-indices
Pension funds using asset class to add diversification to their portfolios