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Commodities face ’seven thin years’

Posted on 05 February 2009

From FT: Commodities prices could remain at their current depressed levels for up to seven years as the global recession hits demand, according to Michael Farmer, founder of hedge fund Red Kite, one of the most closely watched figures in the base metals market.

Mr Farmer, who used to run MG, then the world’s biggest copper trader, runs Red Kite, which consists of five hedge funds with $1bn under management that are among the biggest investors in metals….. Full Article: Source


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