precious metalsSwitch from base metals to precious metals
Posted on 17 April 2009
From National post.com: In a dramatic shift from the fall, the basemetals have greatly outperformed the precious metals in recent weeks.Copper in particular is up more than 50% from the bottom. But can itreally last? Genuity Capital Markets analysts Tony Lesiak, NawojkaWachowiak and Michael Gray don’t think so.
“We believe a sustained upward momentum is base metals is unlikelyto persist until there is tangible evidence of a global synchronizedrecovery, and believe that investors should take some profits in thecurrent rally,” they wrote in a note to clients…..Full Article: Source