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Commodity bulls may be about to hit a wall

Posted on 24 November 2016

Rampant speculation and exaggerated hopes of a Trump-led boom have fuelled a blistering rally in industrial metal prices. Oil is perking up and talk of a new commodity super cycle is suddenly on everybody’s lips.
It is as if we were returning to the glory days of breakneck industrialisation in China and the rising powers of Asia, but this time the bulls risk bitter disappointment. A hauntingly strong dollar is watching like Banquo’s ghost over the party. Sceptics warn that the market is already starting to fray at the edges, and signs are growing China’s latest recovery is about to fade…………………………………Full Article: Source


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