24.01.2013 - What does 2013 hold for commodities?
It might seem churlish to complain about the mediocre returns delivered by commodities during 2012 given the consistently strong performance of this asset class over the past decade. Still, this is not what we were told to expect by bulls who sold investors the idea of the commodities "super cycle" - they promised us it would last a great deal longer. Commodities investors would benefit from a unique confluence of positive factors, those bulls predicted, with huge demand from the industrialisation and urbanisation of the BRIC (Brazil, Russia, India and China) economies combined with two decades of under-investment holding back supply...............................................Full Article: Source
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