COMMODITIES GET READY TO REBOUND?

Everybody is bearish on commodities, included retail investors big hedge funds. The hedge fund has the lowest exposure in commodities since 2010. And, further not only flat, but they are selling most of the commodities after the bad year of 2013. The consensus is the gold would go drop further down to 1.000$ key resistance level.

Exposure of hedge funds in commodities:

In most cases what happens if everyone agrees? Something else is bound to happen.

The commodity asset is not sexy enough any more for investment bank sector. Deutsche bank released almost the whole commodity trading desk and most of the banks cut back the commodity traders staff.

Jim Rogers is still a hero of commodities and still convinced that is a good bargain, take a look at the video below by Bloomberg:

http://www.bloomberg.com/video/rogers-says-he-s-hedged-some-gold-but-not-selling-HDEhol8ARKa8P_kSor3UIQ.html

The BFM Assets Team.