06.10.2011 - Hermes fund sees biggest rebound in gold, grains: Commodities
Corn, wheat and gold will beat other raw materials this quarter as crop yields drop and Europe’s debt crisis stokes demand for bullion, said David Hemming, who helps oversee a fund that returned 20 times the average this year. Corn may rally 19 percent to $7.25 a bushel, wheat may climb 19 percent to $7.50 a bushel and gold may gain 13 percent to $1,850 an ounce by December, said the London-based fund manager for Hermes Investment Management Ltd..............................................Full Article: Source
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