17.10.2008 - Goldmans bullish on commodity prices
From Ninemsn.com.au: No surprises - Goldman Sachs' global economics team has downgraded its global growth forecast for 2009 from 3.7% to 3.0% and the commodities team has thus been swung into action for downgrades of its own. The credit crisis is obviously the driver, and the analysts note ongoing uncertainty on the credit front means ongoing downside risk to commodity prices. But this story has a bullish end. From There are two reasons why commodity prices have fallen as far as they have to date...... Full Article: Source
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