Comments on: Base Metals Bomb, China no Longer Seen as Savior http://www.contrarianprofits.com/articles/base-metals-bomb-china-no-longer-seen-as-savior/8280 Access market-beating ideas from the world's top investment gurus on stock market investing, the gold market, ETFs, Forex trading and real estate values. Thu, 19 Nov 2009 15:59:58 -0500 http://wordpress.org/?v=2.8.5 hourly 1 By: Elena Morozova http://www.contrarianprofits.com/articles/base-metals-bomb-china-no-longer-seen-as-savior/8280/comment-page-1#comment-6869 Elena Morozova Mon, 17 Nov 2008 12:47:00 +0000 http://www.contrarianprofits.com/?p=8280#comment-6869 I think a more positive outlook is required.In fact if you are a contrarian investor, I would expect you to now start buying copper producers such as BHP Billiton and Rio Tinto, as well as thinking about going long the metal itself. The decision by the Chinese government to introduce a $586 biliion stimulus package over two years should be a huge boost and I would expect copper inventories as well as other <a href="http://www.commodity-trading-today.com/base-metals.html" rel="nofollow"> base metals</a> stockpiles, such as aluminium, to start to fall as these projects come on line. I think a more positive outlook is required.In fact if you are a contrarian investor, I would expect you to now start buying copper producers such as BHP Billiton and Rio Tinto, as well as thinking about going long the metal itself.

The decision by the Chinese government to introduce a $586 biliion stimulus package over two years should be a huge boost and I would expect copper inventories as well as other base metals stockpiles, such as aluminium, to start to fall as these projects come on line.

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