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Commodities Briefing - Categorized | Investment, Market Moves more

Bargain hunters eye commodities, but may have to wait

Posted on 16 July 2013

The second quarter’s falloff in commodity prices has led some investors to turn bullish on the asset class, and search for cheap buying opportunities. However, investment bank analysts warned that now is not the time to go bargain-hunting.
Barclays cuts its stance on commodities to “underweight” on Friday, citing threats from monetary policy normalization and rising supply of gold and other metals, while Citi analysts said for most commodities it is still not time for “bottom-fishing.”……………………………………….Full Article: Source


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