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E-mailLondon, 11 October 2010
When we last penned our thoughts on the longer-term metals outlook at this time last year, prices were on a tear as investors ploughed money into both stocks and commodities, reasonably certain that the global recovery was gaining traction.
What happens to base metal prices for the balance of the year and, more importantly going into 2011, depends largely on how one views prospects for the US recovery. Our main thesis calls for continued growth in 2011.
By Edward Meir, MF Global
