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Commodities Briefing - Categorized | Bullion/Gold, Metals and Minerals more

Gold isn’t the only precious metal in 2014

Posted on 16 January 2014

Sugar and coffee may be out of vogue (very bad for you), gold is too flash (though some of us still like it), and, thanks to the glimmers of a global industrial recovery, we’re back to basics when it comes to industrial metals.
Recent data from the U.S. Commodity Futures Trading Commission showed net long commodity positions falling by 11 percent in the week to January 7. But while investors think we’ll see softer prices for sugar, coffee, and corn, they have become more bullish on gold, with net long positions in the shiny metal rising 18 percent………………………………………..Full Article: Source

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VRS - who has written 37629 posts on Opalesque Commodities Briefing.


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