New Aluminum Hedging Feature Coming to LME

The London Metal Exchange announced a new feature for its exchange, giving traders more options than ever. Specifically, the exchange will give traders the ability to hedge aluminum prices, as the commodity continues to rise due to lengthy delivery times that have thrown a wrench in a number of supply chains [for more commodity news and analysis subscribe to our free newsletter].

Posted in Aluminum, Commodity Futures, Industrial Metals | Tagged , , | Leave a comment

When Goldman Sachs Says Short Gold, It’s Time To Buy

Last week, we reported on Goldman Sachs (GS) slashing its outlook for gold and suggesting investors short the precious metal.  In a letter to its clients, analysts at the company stated “We see risk to current prices as skewed to the downside as we move through 2013. In fact, should our expectation for lower gold prices continue to prove correct, the fall in prices could end up being faster and larger than our forecast.” But given Goldman’s history, it will be difficult for many to trust this sentiment [for more gold news and analysis subscribe to our free newsletter].

Posted in Academic Research, Commodity Trading Outlook, Gold, News and Current Events, Precious Metals | Tagged , , , , | 10 Comments