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Scotiabank’s top commodity picks for 2014

Posted on 20 December 2013

Scotiabank’s Commodity Price Index declined by a sharp -5.8 per cent month-over-month in November and is currently -10.4 per cent below a year earlier. While commodity prices lost ground in 2013 — partly due to disappointingly slow global growth (2.9 per cent in 2013, down from 3.2 per cent in 2012) — signs point to a bottoming in 2014 and a return of the ‘Bull-Run’ in the second half of the decade.
Zinc is a Top ‘Pick’ for early investors. Lumber should post another solid advance in 2014, with a 19 per cent year-over-year gain expected in Western Spruce-Pine-Fir 2×4 prices………………………………………..Full Article: Source


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VRS - who has written 37533 posts on Opalesque Commodities Briefing.


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