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Monday, April 13, 2009

Copper as leading economic indicator

An interesting interview of Dennis Gartman on base metals.

Commodities, as an asset class, looks increasingly a safe bet. Giving the sharp fall of commodities after Lehman's collapse, the further downside for the sector is extremely low; And if the world economy does recover, the sector will be the first to rebound.

In Jim Rogers' words, "Commodities are the least bad bet" in this market.