Colosseum a.s. (Colosseum a.s.)
Commodities  |  September 17, 2012 15:18:28

Bets on commodity prices at 16-month peak



ColosseumBets on commodity prices rose to the highest level in the past 16 months. Banks predict a further rise in prices. Large speculators increased in the week ending 11th September their net-long positions across 18 commodities by 0.3 percent to 1.33 million contracts, the highest number since May 2011. The focus is primarily copper. Bets on the price of gold is up from 28 February. The cause of the final steps of central bankers, who announced unlimited quantitative easing programs. Investors see these steps in the long term as the upside and buy real assets in the form of commodities. and # 160;

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