Wednesday, March 20, 2013

Noble

Noble: Business Times has a front pg feature, says reports pointing to the death of commodities as an invmt class appear “wildly exaggerated”. Believes the sector is again set to offer investor the benefits of diversification. Despite the commodities mkt turbulence in recent yrs, Noble says it sees an “unprecedented amount of opportunities and is condiment of another bull mkt for commodities in a few yrs”. On whether another bull market would happen, CEO Richard Elman says “Absolutely. There’s no question that the world is growing at 2-3% in terms of its population and the industry cant keep up with that. In two to three more yrs, there will again be another resurgence in the mkt and prices will follow.”

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