Price momentum should improve among commodities, the lead market is balanced while coal still has it tough and Citi wonders what can be done about iron ore volatility.
Jonathan Barratt of Barratt’s Bulletin sees gold suppoted as physical purchases from central banks offset paper market selling. Opportunities are also presenting in platinum and palladium.
May was another slow month in the uranium market as buyers and sellers moved further apart.
A continuation of subdued growth is expected in 2013. Base metals, coal, gas and oil prices are expected to remain soft.
Gold is either overvalued or undervalued and as always, it is difficult pick either one or the other.
An inflation theme is emerging while copper stocks are set to build and there is a battle for gold, but iron ore prices may not fall too far.
There was a little more activity in the uranium market last week, although it did little to help spot prices.
Investment U’s David Fessler suggests investors should position for a renaissance in global uranium demand.
Falling prices and economic uncertainty are weighing heavily on the gold sector, strangling exploration activity.
Recently expanded mines risk impairments, a rising US dollar is pressuring metals prices while copper fundamentals may actually be improving.