3 posts tagged “commodities”
Goldman Sachs Group Inc. raised its forecast for U.S. benchmark oil by 31 percent to $85 a barrel for the end of 2009 and predicted further gains next year as demand recovers and supplies shrink.
The bank set a 12-month price target of $90 a barrel for West Texas Intermediate crude, up from $70, and introduced a forecast of $95 for the end of 2010.
Did you know that India auto ownership is currently 7 per 1000 people and China's is 1 per 130 people?
I use two numbers to determine the best time to go long and stay long. Copper prices and the Baltic Dry Bulk Index. These indices have a PhD in global economics.
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