Metals Report
Comment of the Day

November 17 2011

Commentary by David Fuller

Metals Report

My thanks to a reader for this report which also contains some information on the MF Global wind down.

David Fuller's view While some of MF Global's positions would have been transferred, I also assume that some of them were wound down. I am left wondering, might this have had some affect on the recent surge in European debt yields and the simultaneous slide in the prices for many commodities? While the MF Global positions were not huge, other people may have hedged positions or deferred purchases in anticipation of potential supply from the wind down.

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