Friday, January 15, 2010

commodity

It is easier to group all commodities together. But in reality, you should distinguish them. As I wrote in my 2010 prediction, I think Crude oil will be stable between 65-85. Metals on the other hand, will probably go down. The construction in China will cool down. I am bearish on steel, nickle and aluminum, flat on copper and slight bullish on precious metals. Agriculture products really depends on the weather.

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