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MacroVoices #297 Ole Hansen: Commodity Sector Outlook

Macro Voices

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Gold Bullion

Gold bullion is challenging the 18 35 level. Real yields are moving firmly into negative territory. Copper, boy, copper's doing better than gold in an inflation environment. I was expecting gold to be the out performer. Yan copis, i should do incredibly well. We're till looking at 18 31. So we're close, but not quite. Maybe by the time this airs, will already have the breakout under way and see what happens.

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