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Managers see no commodity bounce-back in 2014

Posted on 26 November 2013

Commodity hedge funds have had a tough run in 2013, and next year may offer no light at the end of the tunnel. Top hedge fund managers told the Reuters Global Investment Outlook Summit that the outlook for commodities next year is not good. In particular, they are down on gold, in the belief that inflation is a long-term, rather than short-term, bet.
China is the primary concern, managers said. The world’s largest copper user, iron-ore buyer and oil importer has seen its industrial sector slow recently, with further weakness expected next year………………………………………..Full Article: Source


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