Commodities - The Coming Bull Market Message Board

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Strategies & Market Trends : Commodities - The Coming Bull Market

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To: zinc-man who wrote (1512)	2/11/2003 9:25:43 AM
From: Robert Douglas	Read Replies (1) of 1643

The IMF publication that I get called "World Economic Outlook" imf.org does not give forecasts for that far in the future. Their forecasts for 2003 are 3.7% world growth divided into the advanced economies growing 2.5% and the developing economies growing 5.2% It's these developing nations that are driving the demand for raw materials. For example, it is estimated that China is currently consuming between 10% and 15% of the world's refined metals. When the advanced economies get out of their slowdown, I expect demand will really pick up.

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