09.03.2016 - Beware ‘premature surge’ in commodities: Goldman
Gold, iron ore and oil prices are seeing a rebound at the moment with many analysts believing that commodity prices have "bottomed out" and are eyeing gains, but Goldman Sachs has issued a warning on the current surge in commodities arguing that it is "not sustainable." Goldman's commodity analysts noted that while last year commodity prices were driven lower by deflation, divergence and deleveraging, current market views on "reflation, realignment and re-levering have driven a premature surge in commodity prices that we believe is not sustainable."..............................................Full Article: Source
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