The golden age of iron ore profits is ending for Australia. Europe’s banking system is slowly going bust because of the government debt crisis. Europe is a big customer of China’s. China is a big customer of Australia’s.
February 8th, 2012 | Dan Denning | 0 comments | ContinuedAll Posts Tagged With: "base metals"
What the RBA Index of Commodity Prices Doesn’t Tell You
A whole sector of the commodities complex that’s in a long-term bull market isn’t measured by the RBA’s commodity prices index. Do you realise what this means?
February 7th, 2012 | Dan Denning | 0 comments | Continued
Trickle of Chinese Money into Australian Housing and Equities Small Compared to Growth in Bank Lending
Chinese bank lending surged by over US$1.35 trillion in 2009, according to Shaun Rein at Forbes. Much of that money went into stocks. And a lot of it went into Shanghai and Beijing real estate. Whether China bought itself a bubble is a very good question. One important point is that Chinese lending is based on savings…and isn’t borrowed (in U.S. fashion).
January 12th, 2010 | Dan Denning | 1 comment | Continued
Base Metals Prices Spiking After China Earthquake
In addition to the massive human tragedy from the earth quake in China, base metals prices are jumping in the futures markets as China shuts down zinc and aluminium smelters. China’s days of being a large aluminium producer are probably numbered.
May 16th, 2008 | Dan Denning | 0 comments | Continued
