Mon, Jan 26, 2015
A A A
Welcome preal121
RSS

Commodities Briefing - Categorized | Metals and Minerals, Performance more

Metals up ahead of Japan rebuild

Posted on 28 March 2011

Metals traders became very excited when they heard the latest estimate of Japan’s reconstruction cost coming in at $US308 billion ($300bn). Up went the base metals on the assumption, presumably, that to get started you just need to write a few cheques.

Not quite, we fear. There’s that small matter of public debt representing more than 200 per cent of Japan’s GDP…………………………………….Full Article: Source


 Article link

This post was written by:

VRS - who has written 38958 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
January 2015
S M T W T F S
« Dec    
 123
45678910
11121314151617
18192021222324
25262728293031