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Wall Street recycles its commodities call

Posted on 22 April 2013

There’s no way of falling off a cycle gracefully, but that won’t stop Wall Street from trying. The past week or so has seen a clutch of reports from bank analysts signaling that the end is nigh for the commodities supercycle, with at least two on Friday alone. It comes amid a broad sell-off in hard assets of all descriptions, with gold’s slide the most prominent.
But given the efforts of the past decade or so to promote commodities as an investment for the masses—via such novelties as metal-backed exchange traded funds—don’t expect a quick funeral………………………………………..Full Article: Source


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VRS - who has written 34696 posts on Opalesque Commodities Briefing.


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