vrijdag 30 januari 2015

Copper plunge not done yet, oil bottoming out, gold in high demand

Well, copper has gone down, but it doesn't seem like it's done yet, still in backwardation.

Oil is still in contango, so bottoming out, buy within three months.

Gold has seen high demand, another 5 tonnes added in GLD and the Chinese have bought again 70 tonnes this week (same as last week), the highest ever.

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