Coxe: Global Bull Market for Metals Has Just Begun

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BMO strategist Don Coxe is singing the praises of “the music of the metals markets,” whose final movement will be “the longest and loveliest performance of metals music in history.”

BMO strategist Don Coxe is singing the praises of “the music of the metals markets,” whose final movement will be “the longest and loveliest performance of metals music in history.”

In his latest "Basic Points" report, BMO Commodity Portfolio Strategist Don Coxe declared "platinum is the current commodity star" as prices have soared due to South African power failures...

"Although gold stocks have not, as a group, performed as well as gold in recent months (largely because of perceived political risks), shares of many junior, speculative gold and/or silver companies have produced rich rewards for their backers," he said. "It is paradoxical that the collective market value of the hundreds of gold exploration companies that trade in Canada, Britain and Australia has risen so sharply, while the value of the companies that collectively produce most of the world's new-mined gold has increased so moderately."...

Coxe: "It has become clear that this is a once-in-a-millennium commodity boom that will last at least as long as the commodity crash-two decades," he declared

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