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Time to buy base metals is now: 7 ETNs to watch

Posted on 21 November 2012

The base metals sector and its related metals and mining sector have a history of moving higher from November to May each year. What are the prospects for this year?
According to Thackray’s 2012 Investor’s Guide, the Metals and Mining sector has two periods of seasonal strength during the year: from November 19th to January 5th and from January 23rd to May 5th. The former period is the better of the two. Average gain per period during the past 22 periods was 8.1 per cent. The trade was profitable in 17 of the past 22 periods………………………………………Full Article: Source

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This post was written by:

VRS - who has written 34624 posts on Opalesque Commodities Briefing.


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