Summary Is the current financial and economic environment good for gold, or is it merely expedient to assume that banking crises and economic slowdowns will lead bullion higher? A critical assessment of the macroeconomic environment leads...
T urnaround unlikely in the short term Fundamentals remain weak China is a key driver of the global oversupply in zinc and lead. We believe there could be a severe market surplus in China as it increases production by 14% over the next thr...
Global Gold Outlook Spring/Summer 2008 - The Pause that Refreshes Highlights Investment Strategy: We believe that the greenbacks role as a reserve currency will continue to decline in importance relative to alternatives such as the euro an...
Potential rebound in 2H 2008 Spot Price Forecast to Increase in 3Q 2008 Supply Issues to Persist Although supply-side dynamics have done little to affect prices thus far in 2008, we think production shortfalls will continue to dominate the...
Table of Contents Summary and Investment Thesis ....................................................... 4 Stacking-Up the Seniors ..................................................................... 8 Production Growth ......................
Gold prices are likely to be subject to downward pressure if the USD keeps advancing; more rate cuts, inflationary pressures, and credit-market woes would stimulate investor demand and support bullion prices, we believe Silver mine supply...
Strong fundamental recovery over past few years has been accompanied by record-high share prices and valuations Sharp increase in titanium sponge supply likely to coincide with slowing of demand growth from 2009 Given stretched valuations...
Base Metals Data Points is an easy-to-use reference tool published monthly and aiming to provide a snapshot of some key indicators of the condition of the major base metals markets. We have selected various data points that we believe shou...
目录 第一部分 钼的基本情况... 3 一、钼基本认识... 3 二、钼的产品分类及矿床分类... 4 三、钼业行业特征... 6 第二部分 国际钼业市场... 7 一、钼资源分布... 7 二、钼的生产... 8 三、钼的消费... 9 四、世界钼业市场简析... 12 第三部分 中国钼业市场.....
投资要点 2007年铝价走势分析，市场保持整体牛市。 08年有限度看多国外铝价，但是次级贷危机仍就是一个不确定的因素。 国内氧化铝行业产能扩张超出预期，年增速在30%以上。根据估算，08年原铝产量同比07年增长300万吨。 国内氧化铝产能增速过快，铝材净出口...
