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“Broad-based” commodities rally likely for early 2013, says Barclays

Posted on 14 December 2012

A “strong and broad-based” commodities price rally is likely to occur in the first part of 2013 similar to that seen at the beginning of 2011 and 2012, particularly if a resolution to the fiscal cliff in the US comes soon, according to analysts with UK-based Barclays Capital.
“The similarities in current market conditions are striking and suggest that the likelihood of another strong start to the year for commodities is quite high,” Barclays said in a note………………………………………..Full Article: Source

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


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