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Commodities Briefing - Categorized | Commodity Crisis, Metals and Minerals more

If the U.S. weakens again, what happens to metals?

Posted on 01 December 2009

From Resourceinvestor.com: The announcement of a surprisingly large US trade deficit for September had some assuming the US consumer is back in a buying mood. Alas, the much watched Michigan consumer confidence index for November quickly followed, and it is off a large 4.6 points, from 70.6 in October to 66.0 now.
The import gains were largely for crude oil, and there was some gain from the “declunkering” auto sector…………………………….Full Article: Source

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VRS - who has written 37739 posts on Opalesque Commodities Briefing.


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