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Commodities Briefing - Categorized | Investment, Market Moves more

Commodity bull rally is back!

Posted on 10 October 2011

Did you miss the old commodity bull market? Well its back! Back by popular demand the commodity bulls are coming back out of hiding. We saw a dramatic key reversal bottom on oil that was egged on by some very surprising drops in supply. Crude Oil has jumped 10% in last 2 days from $75 to $82.5.
A bottom not only in oil but across the commodity spectrum. Copper rebounded from deep in bear market territory rising 10% from lows of $6700 to $7350 and Gold seemed to rebound sharply from its low of $1600 per once to $1650 area……………………………………….Full Article: Source


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This post was written by:

VRS - who has written 38189 posts on Opalesque Commodities Briefing.


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