it's going to get worse before it gets better? metals excluding precious metals

Discussion in 'Metal Futures' started by maxitronixy, Jun 8, 2009.

  1. 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?
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  3. wtf lol