What do contrarian investment advisor Marc Faber, billionaire George Soros and super investor Jim Rogers have in common? Well, all of them are bullish on either one or more classes of commodities.
Prices of many commodities, especially metals, energy and bullion have been on an upward trend despite the global financial downturn.
On the Dubai Gold and Commodities Exchange (DGCE), the total trade volume jumped 300 per cent year-on-year to reach 153,747 contracts last month.
Commodities in general are currently being influenced by outside macro-economic factors and not necessarily by supply and demand fundamentals.
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