07.01.2014 - Precious metals sloping up for 2014
As we kick off the New Year, commodity investors are hoping that 2014 brings more favorable returns than its predecessor. Last year was largely marked by dwindling commodity returns with a number of hard assets wreaking havoc on investors and traders across the board. Gearing up for 2014, let's take a look at some of the biggest commodities currently contangoed to help you get prepared for the new year. Contango is the process whereby near-month futures are cheaper than those expiring further into the future, creating an upward sloping curve for future prices over time. This is often caused by storage costs associated with each individual commodity, but it can also be partly attributed to market expectations of which way that particular asset will move in the future...............................................Full Article: Source
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