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Commodities just hit a 10-year high - And there are more gains to come

Posted on 08 February 2013

Commodities have just hit a 10-year high for the month of February. Even the massive commodities boom that ran through 2007 and 2008 didn’t top the levels we’re seeing right now. The benchmark for this high is the Standard & Poor’s GSCI Commodity Index, which includes everything from oil and lead to cocoa and lean hogs.
And not only has the index set a new February high, it’s poised to rise over the next two months, based on the traditional seasonality of its underlying commodities………………………………………..Full Article: Source


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VRS - who has written 39856 posts on Opalesque Commodities Briefing.


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