Iron ore will fall another 8 percent in the next several months as steel mills in China, the biggest importer, shut down because of maintenance, power rationing and squeezed profits, according to Deutsche Bank AG.
Silver, trading near a 30-year high, may climb as much as 21 percent next year on demand for an investment that protects wealth and also may benefit from industrial usage, according to Deutsche Bank AG.
Record commodity prices are driving Africa’s biggest railway boom since the 19th century as the world’s largest untapped mineral reserves prompt miners from Brazil to China to ignore a history of war and economic chaos.
High school rugby coach Bob Markovich paid $3,812 for 250 shares of the Global X Copper Miners ETF in September. He got the idea from an investment club he advises for students, including his daughter Lydia.