| From Indiatimes.com: Kirby Daley, Senior Strategist, Newedge Group: "Commodities, yes, long term, this is again to use the term again, perversely in the risk aversion trade, commodities and equities drop. The safe havens are the US dollar and treasuries and for now the Yen as well.
The Yen, the treasuries and the dollar are things long term I do not want to be out of, I want to be in commodities for the long term but at these levels with the risk aversion coming back and the trade flows being such, the commodities will take a hit. Investors should be very wary of that........................................Full Article: Source
|