28.03.2011 - Metals up ahead of Japan rebuild
Metals traders became very excited when they heard the latest estimate of Japan's reconstruction cost coming in at $US308 billion ($300bn). Up went the base metals on the assumption, presumably, that to get started you just need to write a few cheques. Not quite, we fear. There's that small matter of public debt representing more than 200 per cent of Japan's GDP...........................................Full Article: Source
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