Saturday, October 3, 2009

Shanghai copper and aluminum futures in the first half of 2009 saw trade volume surge five-fold and triple

The business will migrate to Asia Jim Rogers


"If America shoots itself in the foot, the business is going to go somewhere," long-time commodities bull Jim Rogers, co-founder of Quantum fund, told Reuters. "The obvious places where the business will migrate to will be Asia."
"Everyone has high hopes for China," said a Shanghai-based commodities official with a foreign bank. "Even though you don't make money now, nobody wants to miss the boat when it sails."
Source Reuter

No comments:

Post a Comment