copper in shanghai declines after china raises exp, page-12

re: watch bhp test 2680 Beijing2 - interesting article extract that you've posted. Is it possible to post the remainder of this article which, from the alst two paras (below), appears to also counter the doom and gloom argument. Whilst there is always many risks I think it is undeniable that the growth in China and India is massive and will continue. It is also believed that China's GDP is growing much faster than the GDP stats would have us think.



"The share price strength is not wholly unjustified. If the prices of metals continue to rise the companies will not even need to raise output to deliver enhanced shareholder value. Moreover, it is easier to see demand from emerging economies such as China continuing rather than fading. The best hope for political stability in the emerging nations will come if standards of living advance.

Consumption per head of population is also likely to grow as the emerging economies grow: you only need to compare the consumption rates per head of population between the US or China or India to recognise that. Miners also seem to have adopted......."