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Strategies & Market Trends : Ride the Tiger with CD
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To: robnhood who wrote (161928)6/2/2009 10:06:27 AM
From: Condor4 Recommendations  Read Replies (1) of 313127
 
Re: Coxe interview.

Thx,I just watched it.

He said:

- China and India never went into recession.
-The India vote last week was important for India economy going forward...(hence: upwards and helpful to commodity demand)
-China, Brazil and India will rescue the global economies (supply-demand equation still rules and those countries will demonstrate con'd demand).
-old commodity highs were too high but upwards on commodities is to resume.
-China: 1 million people are becoming middle class per week. The demand for agric. (food) will continue to do well.
-Resource based export economies will do well.
-Canadian dollar recent rise is therefore appropriate.

Summary:
He's bullish on commodities (incl. agric) going forward.

Cheers

C
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