Forum > View Topic
by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 8936
Posted: Feb 22, 2010 5:00
Comments: 8936
Forum Topic:
Gold, Oil & Indices (Equity & Bond Indices)
Discuss Gold, Oil & Indices (Equity & Bond Indices)
still got target of 978 dollars an ounce on GC. marginal cost on average for decades ago pit mines and new pitt mines..
Ashraf
thank you
according to FT, yesterday copper dump caused by chinese speculator test copper downside stop limits.
copper dont have demend issue, as long as SRB stands. i know the imports down, but last yr china use more copper than any other yrs.
Chinese imports fell in 6 months of the last 10 months. never been seen since the 2009 crash.
http://www.cityindex.co.uk/market-analysis/market-news/36163752015/copper-growth-stopper-another-15-decline/?cid=0000215115
Ashraf
Ashraf
btw, china inport crude 7mlb per day in Dec by FT.
http://www.cityindex.co.uk/market-analysis/market-predictions-2015/35895762014/ashraf-laidi-dangers-of-underestimating-inflation/
Happy New Year everyone
Ashraf
china increase crude import, 0.5mlb per day more than last yr.
so, china slow down drag crude price? :D