Commodity Bull Digging for Value

Raaka-aine bullia pukkaa.


Chip Goodyear, CEO of BHP Billiton (maailman suurin kaivosyhtiö), kommentoi juuri markkinoita:

'BHP's Goodyear says metals to stay high for 'several decades''

'prices of copper, nickel and other metals will remain high for several decades as demand from China and India climbs'

"I'm excited about what we'll see over the next several decades as 2,5bn people in China and India and other parts of the developing world enter the world economy,"

"The real driver in China is 15m people a year moving from a rural or agrarian economy to an urban economy," Goodyear said. "We don't see that ending for a long time. People are striving for a better way of life."

'A slowdown in the US economy won't hurt demand for metals'

"The fact is that the big drivers for commodity consumption in the world are taking place in other parts," he said. For "most of our commodities, the biggest consumer is China, not the US," he said.

BHP will not change production plans on the basis of an economic slowdown in the US, Goodyear said.

Lue uutinen


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Mielenkiintoista on mm. tuo että BHP ei aio muuttaa tuotantoennusteitaan vaikka USA:n talous hidastuisi. Yleensä kaikki kommentaattorit ovat aina pitäneet jenkkitaloutta veturina ja jos siellä hidastuu niin kaikkialla hidastuu, ja samalla raaka-ainetarve vähenee selvästi. BHP:n johto ei ilmeisesti ole samaa mieltä. Ja tuosta lauseestahan voi mennä käräjille jos julkisen yhtiön johto puhuisi paskaa.

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Eräs toinen kommentti:

'According to the Australian Institute of Mining and Metallurgy, over the next 50 years the world will use five times all the mineral resources that have ever been mined up to the year 2000.'

posted by sku @ 3:32 PM