Monday, January 12, 2015

Agro and Metal Commodities - Gold and CPO the defiant pair

A quick comparison of the above for CPO versus Soybean and Soya Oil show CPO is still way too expensive and a decent level to be align with the competitors benchmark is about Rm1600 - 1800 zone.

How long can CPO remains at cloud nine before it loses the steroid effect back to sanity... TIME will tell.

Gold is again way too out of alignment with SILVER the closes proxy.

With Crude Oil leading the way will GOLD and CPO remain defiant???

No comments: