“Metals prices have reached levels that are demonstrably forcing involuntary production cuts and fresh demand. Against one-sided sentiment and following 15 months of destocking, Chinese buyers are going to realize very soon this is the opportune moment to back up the truck and to restock supply channels where China is import dependent. A surge in Chinese buying of a metal at a lower price has already been observed in gold. We expect renewed vigor in imports of copper and oil. It is quite obvious what the Chinese should do here in physical markets, in pursuit of China’s long-run economic and social self-interest.”
JPMorgan Comes Out With First “Overweight” Call On Commodities Since September 2010
- Post author:The Freedom Watch Staff
- Post published:July 2, 2013
- Post category:Network Archives
Tags: Alternative News, Bankocracy, CLibertyC, constitutional liberty coalition, economic Trends, for life and liberty, investment, Precious Metals, Resistance, sound money, The Freedom Watch, White Shoe Boys
The Freedom Watch Staff
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