my daily work is like a mirror of world economy. A lot of orders from China, some from India and Korea, some from Brazil and Mexico, some from Turkey, Armenistan, Iran etc. .
China ist still booming. India is upcoming, Korea stabilizing, Brazil and Mexico rising due to moval of production from the US, Turkey the bridge between Asia and Europe. Beside China most of TV sets are produced in Turkey, also a lot of ovens, fridges and now cars. Turkeys is the bridge to Irak, Iran, Saudia arabia etc. . The sheiks build up industry.
German industry still fighting, up to -40 percents minus. Due to Asia no more additional loss.
China will absorb so much industry metals that better times will come.
THR Price at posting:
2.0¢ Sentiment: ST Buy Disclosure: Held
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