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MINER'S RIGHT
Next leg up for metals: fund rotation
Squeezing a lot of money into a relatively small asset class can have a remarkable effect on prices and, in the case of metals, such a squeeze could be underway, delivering another significant leg up in metal prices over the course of 2018.
Miners will hope the analyst assumptions behind a predicted metal rally prove more accurate than those behind the wool glut in the 80s
The rotation of funds out of government bonds and shares started last year as interest rates ticked higher and has accelerated this year as global growth has picked up and a whiff of inflation has started...
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