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Is the bottom near for commodities?

Posted on 08 November 2013

For the last three years, the bottoms of coal stocks have been predicted several times. Nevertheless the coal stocks went up temporarily and then continued its bearish trend. Many coal companies could go bankrupt. I bet most of them will not offer one of the best appreciation potential, but I do not go that far to proclaim it is one of the best deals in our generation.
Many experts believe natural gas would replace coal to generate electricity. The impact of natural gas will be even clearer by 2016. That may be true in the USA, but not in China and many countries. Even with all the nuclear generators on-line in ten years (2023), China will still depend on coal to generate more than 60% of its electricity………………………………………..Full Article: Source


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This post was written by:

VRS - who has written 37037 posts on Opalesque Commodities Briefing.


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