Post by
gyss on Feb 26, 2015 10:11pm
copper demand
Copper demand and real recovery like housing and manufacturing have not started yet. China is the biggest consumer. But is far away from 2006-2007 demand. Europe shows some signs of early sparks of begging of recovery.But countries like Spain, Portugal and Greece will slower the process. America leads the parade of recovery but participation rate and inflation are pretty low. All the above factors work against higher copper price. Which means that all the miners and commodity producers will have hard times making their balance sheets But most important slower recovery means that we are in buyers market and will have more time to consider our investment decisions and pick the right stock with more growth perspective. Regards.