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North American Gem Inc V.NAG



TSXV:NAG - Post by User

North American Gem Inc
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Post by Kiktyreon Nov 18, 2008 6:43am
281 Views
Post# 15592316

UBS likes Thermal Coal,

UBS likes Thermal Coal,reports BNN Business News:

https://watch.bnn.ca/#clip113419
Into 03:00

Sees commodities under pressure for 18 more months. Prices of 24 of 28 commodities will contract next year but like Thermal Coal, Gold, Soybean & Oil. China wild card, likes its large stimulation package but notes to include cash already earmarked for spending. Steel forecast to shrink 15% next year- the correction will have effect on demand for copper aluminum iron ore & coking coal & oil demand as well.
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