| If investors want an epitaph for the commodity supercycle, they could do worse than this: “Strategies best suited for the current environment appear to be dynamic, alternating between long and short positions in different commodities and shifting exposure to different points on the futures curves.”
That was Barclays ’s take last week on how to play commodities. Buy and hold this isn’t: It is more akin to how specialist traders have speculated on commodities for decades than how many retail investors do it. Two big things have happened. First, spot prices for major commodities have been falling. Take energy and precious metals, which last month accounted for 72% of assets under management in commodity-linked products, according to Barclays...............................................Full Article: Source
|