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Australia: Not good news from commodity forecast

Posted on 30 January 2009

From Ibtimes.com: There’s some not so good news for Australia contained in the latest gloomy world economic forecast from the International Monetary Fund: The growth has gone out of prices for energy, metals and food exports over the next five years and anyone expecting a return to the halcyon days of 2008 had better think again.

That’s not to say the forecast is all gloomy: there is a silver lining in there for the well managed company, such as BHP Billiton which reports its 2008 December half year result next week. …. Full Article: Source


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VRS - who has written 38163 posts on Opalesque Commodities Briefing.


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