AAR 0.00% 7.8¢ astral resources nl

copper - aar is set, page-2

  1. 519 Posts.
    Hi jenita,

    excellent article!!

    to top that article with a thought:

    now, the the current price of CU for AAR could make our SP go to as much as 10 folds considering that USA is not out of recession yet.

    IMAGINE what will be the price when USA is over the recession!!!!

    that's not only for Cu, but also for Zn & all other metals.

    for any economy in the world to grow, especially a huge massive economy such as USA, it needs metals & that will have to create demand like crazy.

    put on the top the HIGHER THE USUAL demand IN THE INITIAL STAGE of recovery in USA becuase people DID NOT shop for long time then you'll realise easily that there MUST be a sharp increase in metals prices at the begining of the recovery stage.

    when an economy pulls back for a period of time, people feel scared to spend & stop buying fridges, ovens, TVs, etc.... but when they feel safer & get told that everything is ok & thier jobs are safe & think that they'll be doing well in future, they usually go shopping for all the things they missed out in the last X number of months becuase they needed them & now they can afford them!!!

    that usually create a sharp increase in price of commodoties becuase everyone will be shopping at the same time!!

    cheers,
 
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