This might be a question that no one can know the answer to until a few months down the track. Metals prices have fallen sharply in the past couple of days. There was some weak manufacturing data out of China recently supposedly caused by factory closures in the lead up to the olympics designed to clean up the pollution problem. Would those factory closures cause demand destruction and a drop in metals prices now? If so, can we expect a rapid boom due to pent up demand, preferably within 10 minutes of the end of the closing ceremony? First person to reply wins a free lunch with Andrew Michelmore.
Reaper
OZL Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
