03.11.2008 - Gold:silver ratio will narrow, but base metals outlook ultra-gloomy – UBS
From Mineweb.com: UBS believes that energy, bulk commodities and precious metals are the most attractive commodities in the current environment; base metals producers in for a torrid time. Investment bank UBS has published its latest economic and commodity forecasts, cutting the prognosis for global GDP growth to 1.3% from 2.2% while suggesting that there are still downside risks to the economic outlook as a result of the speed and magnitude of the deterioration in demand. .... Full Article: Source
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