From http://money.ninemsn.com.au/article.aspx?id=456365
"BCA Research suggests investors stay overweight copper.
Deutsche Bank believes demand side forecasts for global copper have "some strong underpinnings from the key consumers". As such, the analysts suggest, "there is potentially upside risk to the copper price should supply growth falter".
Credit Suisse has put its money where its mouth is. The analysts suggest "it will take a major global recession to push copper prices down in the coming months". They reiterate that they see US$12,000 per tonne (US$5.50/lb) as a realistic price for copper in 2008, but if the strikes in Chile drag on that price could be significantly higher. Current prices are around US$8500/t (US$3.80/lb)."
new ceo, page-7
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