04.10.2016 - Industrial Metals Bull Market Extends Into Q4
Industrial metals rose in the first half. In Q3 they took a break, but momentum is starting to pick up again. The industrial metals PowerShares DB Base Metals ETF, which tracks the performance of four base metals, recently hit a 14-month high. This is important because when money is flowing into the industrial metals complex, every metal gets a tailwind. Recently, we witnessed particularly strong momentum in lead, zinc and tin: Lead prices skyrocketed last week, despite a supply surplus this year..............................................Full Article: Source
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