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Wednesday, November 01, 2006

As liquidity vanished...

IIPM PUBLICATION
But then, it might not be the time to totally write-off commodities. International Energy Agency projects that oil demand will rise by 1.7% this year due to increased demand from China & Middleeast. As Hitzfeld adds, “Precious metals & agricultural commodities are not so exposed to the economic downswing. Also, precious metals should continue their strong upward trend, when the FED has finished its tightening cycle.”

Definitely, commodities have been shattered, but chances of their recuperation are very much alive.

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Source :
IIPM Editorial, 2006

An IIPM and Management Guru Professor Arindam Chaudhuri's Initiative

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