Fri, Oct 24, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Bullion/Gold, Commodity Crisis, Market Pulse, Price Watch more

Commodities advice: sit tight and wait it out

Posted on 01 October 2008

From The Australian: When it comes to oil, gold and base metals, probably the best advice on offer is not to do anything until we see how this turmoil plays out over the week.

Mark Pervan, head of commodity research at ANZ, said the past week or two had shown how easy it was to be wrong about prices for commodities. “The best strategy is to sit for a few days,” he said. Just how testing a time it is for analysts was illustrated yesterday when some ducked for cover and were not prepared to comment….. Full Article: Source


 Article link

This post was written by:

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


Contact the author

Comments are closed.

banner
October 2014
S M T W T F S
« Sep    
 1234
567891011
12131415161718
19202122232425
262728293031