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Commodities Briefing - Categorized | Commodity Crisis, Investment, Market Moves, Research more

Goldman says underweight commds, cites carry cost risk

Posted on 18 February 2009

From Reuters: Investors seeing the bottom of the collapse in commodity prices drawing near, should hang fire and remain focused on equities, analysts at Goldman Sachs said in a research note.

The investment bank said rising forward price curves for commodities, also known as contango markets, meant speculating in the asset class was still a risky proposition and investors would be better placed putting their money in mining and energy equities….. Full Article: Source


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