Mon, Dec 22, 2014
A A A
Welcome preal121
RSS

Commodities Briefing - Categorized | Market Moves, Performance, Research more

Goldman calls bottom of commodity market … six weeks after calling top

Posted on 25 May 2011

Jeffrey CurrieOil jumps to $111 a barrel after commodities specialist Jeffrey Currie says recent price falls have made oil, copper and zinc more attractive investments. The oil price jumped on Tuesday after Goldman Sachs called the bottom of the commodities market – just six weeks after calling the top.
Commodities prices have fallen by an average of 10% since Goldman commodities specialist Jeffrey Currie declared that in the near term, the rewards of holding raw materials such as oil, copper, platinum and cotton no longer outweighed the risks……………………………………….Full Article: Source

Podcast Play - Download this article   |   Subscribe to the Podcast Feed

 Article link

This post was written by:

VRS - who has written 38561 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
December 2014
S M T W T F S
« Nov    
 123456
78910111213
14151617181920
21222324252627
28293031