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Turn off the commodities alarm bells

Posted on 27 May 2011

As fears of a downturn in commodity prices fade, so too are fears that the Aussie’s rally is over. Only a couple of weeks ago, the world looked like a different place. The price of silver was diving 35% and a two-and-a-half year rally in most commodity prices appeared to be at an end.
The fact that the Chinese economy was slowing down, the U.S. economy was remaining weak, and central banks in many other countries were starting to raise interest rates, just reinforced the impression that as the global recovery weakened, so would demand for commodities……………………………………….Full Article: Source


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VRS - who has written 39895 posts on Opalesque Commodities Briefing.


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