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Copper looks bright for investors

Posted on 22 December 2011

The top picks for investors going into 2012 should be oil and copper, a commodity price expert said Wednesday. Both commodities will remain strong throughout the New Year, said Patricia Mohr, vice-president, economics and commodity market specialist at Scotiabank.
Demand is growing for copper, which is mined in B.C. by several companies. Copper is used in motor vehicles, power generation, equipment and household appliances like TVs and refrigerators. The emerging markets, particularly China, are driving demand, and Mohr expects that to remain strong as China further eases its monetary policy, a move that she expects soon………………………………………..Full Article: Source

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VRS - who has written 36638 posts on Opalesque Commodities Briefing.


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