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Copper to gold: Risk on?

Posted on 18 December 2012

With just two weeks left in 2012, it is never too late to start thinking about how the markets will likely behave at the start of 2013. By all metrics, this has been a phenomenal year for equities on a real-return basis, and it appears that Armageddon in Europe has been avoided despite the pundits arguing with 100% certainty that a Lehman repeat would occur.
It appears that many hedge funds completely missed the rally in risk, and now I see many on Twitter making the bear case for 2013 due to the fiscal cliff, overreaction on the upside and slowing growth. However, the problem I have with such statements is that they are opinions divorced from what actually matters in markets, which is crowd expectations…………………………………….Full Article: Source


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VRS - who has written 38538 posts on Opalesque Commodities Briefing.


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