Commodities May Perform ‘Very Well,’ BMO Capital Says

2 March 2010  Bloomberg.com

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Commodity prices will perform “very well” into 2011 and later, according to BMO Capital Markets.

“We’ve chosen copper as our No. 1 commodity, followed by iron ore, platinum, silver,” because of a “combination of strong demand, supply constraints,” Bart Melek, a BMO commodity strategist, said today on a conference call with reporters. The company also favors metallurgical coal, gold and oil, he said.

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