Long term for metals
Get worse before get better
-Metals are highly cyclical, owing to their exposure to manufacturing and construction sectors- recession
-Us, Europe and japan are in recession, they contribute , respectively , 10.1 trillion,7.6 ,2.8 while china and india contribute 1.6 and 0.6 trillion respectively us and europe , not likely to come out of recession soon to global trade
- companies have a record suppply of manufactured goods,
oever supply of us housing market
get better
- china's agressive simulus plan, investment into infrastructure
--china ramping out production of cars to growing middle class
-poor financing avliable for the opening of new mines , may take years to open a mine
-china sill is growing at a rate of 6% this quater (correct me if im wrong)
-metal supplies? not sure?
Your opinion?
Get worse before get better
-Metals are highly cyclical, owing to their exposure to manufacturing and construction sectors- recession
-Us, Europe and japan are in recession, they contribute , respectively , 10.1 trillion,7.6 ,2.8 while china and india contribute 1.6 and 0.6 trillion respectively us and europe , not likely to come out of recession soon to global trade
- companies have a record suppply of manufactured goods,
oever supply of us housing market
get better
- china's agressive simulus plan, investment into infrastructure
--china ramping out production of cars to growing middle class
-poor financing avliable for the opening of new mines , may take years to open a mine
-china sill is growing at a rate of 6% this quater (correct me if im wrong)
-metal supplies? not sure?
Your opinion?