copper commodity monitor

Commodity Monitor – target price for copper is about $ 10,000 per tonne

Thomas Benedix, portfolio manager of Tiberius Asset Management AG believes that the current correction in the copper price represents a good buying opportunity. 2011, probably copper are in a deficit because not take place as capacity expansions in copper.

Other metals such as silver and palladium have benefited recently from the economic upswing. Thus, the demand for raw materials increased significantly in recent weeks and months, causing the investors to silver and palladium, or just access. The interest of investors in terms of inflows in these two commodities ETFs is currently very high. What distinguishes the two metals, the significant surplus of silver. This means that more silver will be encouraged to ask than the industry or the jewelry manufacturer. Therefore, one can use the small correction of the palladium currently suitable for beginners. In silver rat Thomas Benedix of Tiberius Asset Management AG but first for waiting.

One Response to “copper commodity monitor”

Leave a Reply

You must be logged in to post a comment.