16.07.2013 - Commodities 2013 halftime report: A time to mine for opportunity?
It was a challenging first half of the year for most commodities, with only two resources we track on our Periodic Table of Commodities Returns rising in value. Natural gas and oil rose 6.5 percent and 5 percent, respectively, while silver lost a third of its value and gold lost a quarter of its price from the beginning of the year. At first glance, this correction seems to support naysayers who believe the supercycle in commodities has ended, such as Credit Suisse analysts, who had declared that the “era is over,” in its digital magazine, The Financialist. We disagree. Instead, we see severe price declines as possible buying opportunities during this ongoing commodity supercycle...............................................Full Article: Source
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