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Base metals likely to win out over medium term - Natixis

Posted on 12 October 2010

From Mineweb.co.za: In the short term, both precious and base metals are likely to go up but, both markets can’t continue to rise in unison. This is the view expressed in Natixis’s Fourth Quarter Metals review.
The group points out that “On the one hand, investors are still seeking a safe haven store of value to protect themselves from potential currency debasement as the US, UK and Japanese central banks all contemplate a resumption of unorthodox monetary policies and, as the Brazilian finance minister Guido Mantega pointed out, the world is facing ‘an international trade war’ as countries attempt to benefit from currency depreciation……………………………………….Full Article: Source


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