Credit Suisse's commodity price calls were extremely bearish throughout 2003 - 2006, constantly putting 12 month forward prices at less than half the prevailing price. Then their global team started getting extremely bullish into late 2007, they put out massive reports breaking down the expected production figures from mines around the world and called a big deficit in copper and prices going to 10,000 or 12,000 a ton. They have no credibility.
OZL Price at posting:
55.0¢ Sentiment: None Disclosure: Not Held
