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Differentiation among commodities bullish for gold developers

Posted on 12 December 2012

A plausible theory is circulating that the commodity super cycle driven by China and India will be more “differentiated” among raw materials, depending on supply-demand balances. Citigroup’s head of global commodities research, Edward L. Morse, believes the “super cycle” of commodity price gains is ending as China’s economy moving toward slower growth and an increase in supplies.
Morse thinks prices won’t climb “sharply” higher even though quantitative easing from global central banks lifts gold bullion demand. The S&P’s GSCI Spot Index of 24 raw materials, which has increased four fold since 2001, is up just shy of 1% this year evidenced by sluggish growth in global economies including China……………………………………….Full Article: Source


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