By Kerri Shannon, Associate Editor, Money Morning
Panicked investors retreated from silver, oil and copper this week, leading many to believe the commodities bubble had finally popped - but experts say this bull market will pick up again.
The Standard & Poor's GSCI Index that follows 24 raw materials fell as much as 11.4% in five days, the longest losing streak since August.Some analysts believe concerns about a weakened economic recovery have spurred investors to take their commodity profits. However, others say this price slip is fear-driven and short term, and that key reasons to believe in a commodities bull run still exist.
Read More: http://moneymorning.com/2011/05/06/commodities-bubble-hasnt-burst-just-taking-breather/
Copper Price Forecast: Why the Red Metal is on a Long-Term Bull Run
By Kerri Shannon, Associate Editor, Money Morning
With metals and commodities on a long-term bull-market run, investors have recently turned their attention to copper. The red metal's price recently has fallen due to mixed economic data. Copper's use as an industrial metal - it's widely used in buildings, electronics, appliances and automobiles - makes it sensitive to economic growth prospects. But despite the recent dip, many analysts and industry experts have a bullish copper price forecast.
Read More: http://moneymorning.com/2011/05/06/copper-price-forecast-why-red-metal-is-on-long-term-bull-run/
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