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Commodities Briefing - Categorized | Bullion/Gold, Investment more

Is short gold really the best commodity investment tip?

Posted on 23 October 2013

Going short gold was the top commodity investment pick for the next 12 months by two top-ranked analysts at the recent World Commodities Week conference in London. There is nothing wrong with this view as there are solid reasons to believe the precious metal may decline further, such as the likely scaling back of quantitative easing in the United States and a generally more positive global economic outlook.
But it struck me that if the best investment in the near term is to be short something that has already shed 21 percent of its value so far this year, this is a sad reflection of the overall state of the market for commodities………………………………………..Full Article: Source


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This post was written by:

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


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