Commodities Supercycle Is Not Over Yet
Despite the sharp sell-off in commodities in Wednesday's U.S. session, one mining executive is convinced the supercycle is very much alive.
"You've still got that same strong underlying demand for commodities in China," Owen Hegarty, Vice Chairman of G-Resources Group, a Hong Kong listed gold and silver miner told CNBC on Thursday. He said the supercycle would continue to be driven by high growth rates, urbanization, infrastructure and development.
Posted on May 12, 2011
Email
ShareSign up | Sign in
