Goldman Sachs Likes Copper and Gold for 2011

Goldman Sachs Likes Copper and Gold for 2011
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Load Up On Copper and Gold; The Best Commodity Plays for 2011
My sources report that there's only 4 days copper inventory on the LME and in Shanghai. And China desperately needs copper for her economy. You can buy the December 2011 copper contract and expect to copper rise from $8200 a ton to $11,000 a ton. Or you can buy the copper ETF, CU, managed by JP Morgan Chase. Or you can buy the common stocks, Freeport McMoran, or Chinese mining stocks traded in Hong Kong. like Jiangxi Copper and Philex Mining. Or take a flyer in the December 2011 COMEX gold contract for the move from $1350 to $1650. Don't sneer at 22% profit. GLD and CDX, two gold ETFs are another path. China needs iron ore; try BHP Billiton. All this and more in my Streettalk column up now. Link is below.

"Stick With Commodities But Be Nimble In 2011 Says Goldman Sachs"

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