Resources poised for growth amidst increasing uncertainty
…Global commodity markets are volatile at the best of times but are more so at present
By Lowell Resources Funds Management August 2018
At Lowell Resources Funds Management, we remain optimistic that the early signs of a bull market in the resource sector are unfolding, notwithstanding the recent pullback in base and precious metals.
For example, despite strong supply-demand fundamentals, August 2018 saw net shorts in the bellwether metal copper reach extreme levels, near the highest ever. Bearish traders are increasing short positions despite the strong outlook for the red metal.
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