From a few days ago, the Goldmans 2h view for commodities.
‘We reiterate our long trading recommendations for Brent crude oil, UK natural gas, copper, zinc and soybeans’.
59520474-Goldman-Sachs-Commodity-Watch-2H2011-Outlook-July-7-2011
Essentially bullish due to the supply demand imbalances but near term volatility and short term risks to the downside.
20% upside for the next 12 months is the summary with an over weight recommendation.
Rich