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Commodities Briefing - Categorized | Metals and Minerals, Price Watch more

Metals prices are falling – so why is now a great time to buy mining stocks?

Posted on 04 February 2014

Last year was a bad one for metals – and the companies that mine them. The price of iron ore fell by more than 15%, while copper fell from above $8,000 per tonne to around $7,400.
It’s hardly surprising. The backdrop for commodities looks grim. Weak economic data has raised fears of a Chinese slowdown, while the US Federal Reserve’s ‘taper’ has seen money flee out of commodities. That’s sent prices lower again this month………………………………………..Full Article: Source

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This post was written by:

VRS - who has written 34624 posts on Opalesque Commodities Briefing.


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