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Commodities Briefing - Categorized | Commentaries, Investment more

Commodities get the investor cold shoulder

Posted on 04 November 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 US 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 per cent 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 38189 posts on Opalesque Commodities Briefing.


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