| 30.04.2009 - Gold prices to stay high, but investors to shift to equities, industrial commodities |
| From Mineweb.com: While gold prices are expected to stay high this year, Scotiabank economist Patricia Mohr predicts that "investor interest is likely to gradually shift first to equities and then to industrial commodities in the next several years." Mohr also noted that LME copper prices have surged to "genuinely profitable levels" of US$2.16 per pond on April 16, yielding an average 37% profit over average global break-even copper production costs.......Full Article: Source |