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Is this the return of the commodities bull?

Posted on 30 March 2009

From Moneyweek.com: “A wave of bullish sentiment” has swept the raw-materials markets, says Barclays Capital. The benchmark CRB index jumped by more than 7% last week and has hit a two-month high. Oil and copper have led the advance, reaching four-month highs above $50 a barrel and $4,135 a tonne respectively.

The red metal has gained more than 30% this year. Softs have risen too, with corn and soybeans at five-week highs…..Full Article: Source


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VRS - who has written 38538 posts on Opalesque Commodities Briefing.


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