{"id":60021,"date":"2012-05-30T10:28:19","date_gmt":"2012-05-30T00:28:19","guid":{"rendered":"http:\/\/www.fnarena.com\/index.php\/2012\/05\/30\/barclays-reiterates-greater-bearish-view-for-base-metals\/"},"modified":"2012-05-30T10:28:19","modified_gmt":"2012-05-30T00:28:19","slug":"barclays-reiterates-greater-bearish-view-for-base-metals","status":"publish","type":"post","link":"https:\/\/staging.fnarena.com\/index.php\/2012\/05\/30\/barclays-reiterates-greater-bearish-view-for-base-metals\/","title":{"rendered":"Barclays Reiterates Greater Bearish View For Base Metals"},"content":{"rendered":"<p>\n\tBy Rudi <span>Filapek-Vandyck<\/span><\/p>\n<p>\n\tIf technical price charts show the way forward, and if their interpretation by the team at Barclays Capital in London proves correct, then base metals prices remain en route to lower price levels, still.<\/p>\n<p>\n\tLast night, the team at Barclays reiterated their &quot;Greater Bearish View&quot; for base metals, using recent price action in <span>aluminium<\/span> as the example for why investors should remain nimble, cautious and conservative when playing this asset class.<\/p>\n<p>\n\tBottom line: the chartists continue to anticipate copper prices will eventually print a value below US$7500 per <span>tonne<\/span> while US$1990\/t remains the technical target for aluminum.<\/p>\n<p>\n\t<img decoding=\"async\" alt=\"\" src=\"http:\/\/www.fnarena.com\/ckfinder\/userfiles\/images\/Aluminium_HaS_May2012.jpg\" style=\"width: 670px;height: 541px\" \/><\/p>\n<p>\n\t<strong>Technical limitations<\/strong><\/p>\n<p>\n\t<strong><span style=\"font-style: italic\">If you are reading this story through a third party distribution channel and you cannot see charts included<\/span>, <em>we <span><span>apologise<\/span><\/span>, but technical limitations are to blame.<\/em><\/strong><\/p>\n<p>\n\t<em>Find out why <span>FNArena<\/span> subscribers like the service so much: &quot;<a href=\"http:\/\/www.fnarena.com\/index4.cfm?type=dsp_newsitem&amp;n=29EB960D-9DFF-C00E-7F6B464E5D52E250\">Your Feedback (Thank You)<\/a>&quot; &#8211; Warning this story contains unashamedly positive feedback on the service provided.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Chartists at Barclays Capital remain convinced base metals will see lower price levels.<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[7],"tags":[23],"acf":[],"_links":{"self":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/60021"}],"collection":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/comments?post=60021"}],"version-history":[{"count":0,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/posts\/60021\/revisions"}],"wp:attachment":[{"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/media?parent=60021"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/categories?post=60021"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/staging.fnarena.com\/index.php\/wp-json\/wp\/v2\/tags?post=60021"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}