April 23, 2012
Some Miner & Not-So-Minor Issues | Resource Investor
The latest CFTC positioning reports indicate that hedge funds have slashed their bullish bets on commodities by the largest amount in four months in the week that ended on the 17th of the month. Such speculators appear to be exhibiting concerns that relate to the possibility that a synchronized global economic slowdown may be underway. The situation prompted one money manager to conclude that “conditions just aren’t favorable for a commodity rally.”
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Some Miner & Not-So-Minor Issues | Resource Investor
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