Oil, saw Gold Rally economy overcame "winds".

April 20, 2011, 3: 52 pm EDT by Kim Kyoungwha

(Adds the third paragraphs record ninth gold.)

April 20 (Bloomberg) — oil, Platinum and gold can rally as the global economy is resistant to the agitation of sovereign debt of the "wind" of the high interest rates, Europe and nuclear crisis of the Japan, according to Threadneedle Asset Management Ltd.Threadneedle is bullish on oil and Platinum as demand climbingWhile that gold can advance to a record amount of $1,800 an ounce, Manager David Donora, said in an e-mail interview. London - based hedge fund targets its funds of major products of $ 149 million to beat the Dow Jones - UBS Commodity Index by 6% in 2011.Citigroup Inc., said this week industrial and metal have "limited upside" while money may fall as central banks curb inflation. Goldman Sachs Group Inc. has put an end to a call for the purchase of raw materials, including oil in the short term, while for earnings over the next 12 months. Gold reached a record today. "" We see winds in the short term, as the market digests higher prices, a tightening of emerging markets take effect, and the market adjusts to the tragedy at the Japan, said Donora. "" " "We believe that the recovery will continue and that the demand for products will accelerate at the end of the year".Group of 20 finance chiefs said last week that the strengthening of the global economy, citing "more robust" demand growth so that the Japan reconstructed record last month's quake and disaster nuclear and Europe battles a debt crisis. Largest metals user of the world, from China increased at a faster than 9.7% in the first quarter, according to government figures of.Cotton, SilverInvestors have more than doubled their bets on higher prices for products sold in the United States, according to government figures. The Dow Jones - UBS Commodity Index won 5.2% this year and hit the highest level since 2008 April 8, led by gains in money and cotton.Threadneedle Asset Management, founded in 1994, overseeing total assets of $ 97 billion. The main commodity Fund, which is managed by Donora and invests in the energy, metals and agricultural communities as well as actions of producers, has posted a return to this day of 9.2%, data compiled by Bloomberg showed.Donora added gold to its list of best results this year investors seeking to preserve their wealth against inflation higher and weaker currencies. The dollar has lost 5.4% against a basket of currencies this year. "One would expect gold to be the motto of the refuge of choice,"Donora said April 18. However, immediate delivery, who has won every year since 2001, hit a record level of $1,502.32 an ounce today.Threadneedle is also "regularly optimistic" on oil and Platinum as they face constraints of supply and demand, Donora, said, without giving any forecast. Crude at New York exploded 31 per cent year 109.13 last $ US per barrel as unrest in supply injured in the Middle East, while Platinum increased by 4.3% to $1,788.75 an ounce.Global CampaignThe global campaign to fight inflation curbing demand for products, said Donora. "Central banks around the world, including the European Central Bank, have raised interest rates to counter rising prices and China has taken other measures, such as the sale of oilseeds to a discount of market price"."Any attempt to subsidize the prices of materials first to soften inflation is likely to offset the higher prices rationing effect", he said. "This leads to higher end prices."Corn has more that doubled in the last year, 66 percent and soybean sudden wheat increased by 37%. On 16 April, the World Bank President Robert Zoellick said that the world economy is "a shock away" a crisis in food.Again, Donora does not expect a return of the food crisis that has been seen in 2008 that he has "lots of trust to the farmer of North America". The United States are the largest exporter of wheat, corn and soybeans.

-Editors: Jake Lloyd-Smith, Jarrett banks

To contact the reporter on this story: Kyoungwha Kim at Singapore to the Kkim19@bloomberg.net

To contact the editor responsible for this story: James Poole at jpoole4@bloomberg.net

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