Summary
Last week saw an amazing flight from commodities in general and this of course encompassed the base metals quoted on the London Metal Exchange.
Although some of the metals had already suffered slightly from a fear that Chinese demand, that had for so long caused a boom in these markets, might be falling, it was a decision by fund managers that commodities in general were no longer going to be the perfect answer to low interest rates that caused the rout.See the full content of this document
Extract
Metals Report: America and China Combine for a Rout
In actual fact both the zinc and tin contracts bucked the trend with overall gains while the rest followed the lead set by copper...
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