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Gold, lumber buck rough first quarter for commodities

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Posted by Marketwatch

on Tuesday, 04 April 2017 08:08

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As the first quarter ends, losers outnumbered winners when it comes to commodities—undoubtedly much to the disappointment of those who expected the sector to build on last year’s bounce.

“The first quarter of 2017 has been disappointing, especially after last year’s brief, but promising rebound from a 5-year downtrend, as commodities just haven’t managed to gain any traction into the post-[U.S.] election year,” said Adam Koos, president of Libertas Wealth Management Group.

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