Analysts get it wrong… Bloomberg – Commodity Research Group

June 30, 2017 by Jim Colburn Leave a Comment

Is this news? (We’ve all been here)… The Bloomberg article picks on Goldman, but, of course, there are many:

“Across the globe, traders have been wrong-footed by the commodities rout this year. They’ve watched as oil prices have slipped despite production cuts by the Organization of Petroleum Exporting Countries. They’ve seen copper prices drop as scrap dealers de-stocked heavily to take advantage of higher prices. They’ve witnessed policy changes in the Philippines that caused a sell-off in nickel.”

It’s not an easy chore, forecasting prices in volatile assets…

Commodity Research Group (CRG), founded by veteran analyst Edward Meir, is an independent research consultancy specializing in base and precious metals, as well energy products. The Group provides research and general price analysis for these markets, along with advice to companies seeking to construct commodity hedging strategies.

Our associates bring decades of experience to the table, as they seek to help our clients understand the markets. CRG will distill the myriad of pricing variables mentioned above into coherent research that is to-the-point and tailored to a clients hedging or pricing needs. In addition, CRG is available for consulting assignments and speaking engagements. CRG does not manage money or trade for itself.

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