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Metals yet to ring true

Posted on 11 February 2014

After the financial tsunami of 2008, the US economy started to recover under quantitative easing policies. Besides, a 4 trillion yuan (HK$5.12 trillion) stimulus package from Beijing plus rapid money supply growth created inflation expectations.
Smart investment banks started to expand commodity businesses and hired traders. Unfortunately, the commodity market did not perform as expected. Mainland exports, and hence manufacturing activities, did not grow and Chinese raw material demand declined………………………………………..Full Article: Source


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VRS - who has written 39895 posts on Opalesque Commodities Briefing.


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