PNA panaust limited
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My guess is yes. Chinese companies pumped their stimulus...

  1. TC-DRC
    152 Posts.
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    23/07/09
    23:17
    Post #: 5424813
    My guess is yes. Chinese companies pumped their stimulus borrowing into comoddities. We have seen dropping LME inventories at the same time as reduced global output. It supports theory of mass stockpiling by the Chinese.

    Copper under 2 bucks again by the end of the year.

    Thats my forecast.
    PNA Price at posting: $1.95 Sentiment: None Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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