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The hottest commodities trade in 2012

What’s the hottest trade in commodities for 2012?

Most strategists and bankers are talking up the possibility of an oil price spike if political relations between Iran and the west deteriorate further; a sharp rebound in gold prices on the back of fresh eurozone turmoil; or a further collapse in US natural gas prices based on chronic oversupply.

But two of the most obscure commodities have already delivered dramatic returns.

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