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Commodities four-year winning streak may be over

Posted on 21 December 2012

Commodities are on track to halt four years of consecutive gains, despite large bets in related funds. The S&P Goldman Sachs Commodity Index is down 0.03 percent this year, on track for its first annual loss since 2008, when it fell 43 percent.
At the same time, money invested in commodity funds is up 86 percent to $20.8 billion compared to 2011, according to data by EPFR Global. Gold is the big winner in 2012, with nearly 84 percent of the funds invested in physical commodities ($16.7 billion) going towards the metal. Gold has gone up in price for 12 consecutive years, up about 500 percent in that period………………………………………..Full Article: Source


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VRS - who has written 38144 posts on Opalesque Commodities Briefing.


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