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Have Metals Finally Bottomed?

Posted on 07 July 2014

I completely understand that you might think I am crazy for trying to call a bottom in the metals and mining sector. I probably am. Furthermore, I understand the “China slowdown” mindset very well. After all, the interesting fact has been how strong Chinese growth has been and how the country hasn’t experienced one simple recession yet (similar to Australia, where we have not had a technical recession in over 20 years).
Quite an amazing feat to be honest, but eventually we will have a mean reversion (in both countries). Personally, I have been expecting the negative surprise and even a potential recession to occur since late 2010. I rightfully warned my business partners against expanding the mining exploration company back in those days………………………………………..Full Article: Source


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This post was written by:

VRS - who has written 39513 posts on Opalesque Commodities Briefing.


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