good car modification

Tongling exercises its warrants at 20% premium to the market today (0.50CAD) - it is a very positive sign of commitment. Now Chinese company holds 17.5% in Canada Zinc Metals CZX.v, when will they bid for the whole company? Another important shareholder is Lundin Mining LUN.to With new Bailout in Europe direction is to Inflation and Commodities are the place to be. Another company we are following here is engaged in this Chinese M&A in Canada story: TNR Gold Corp. with International Lithium Corp. where CZX has a stake. Will shareholders in TNR Gold wake up one morning with new Chinese connection one day?

"Commodities: Zinc Play.

Canada Zinc Metals CZX.v now has very prominent shareholders - players in Zinc market like Chinese Tongling and Lunding Mining LUN.to. Togling has paid for 13% in the company price of 0.425CAD above even today's level of 0.4CAD.
We have called the company and can share with you some information for your further consideration. Please do not take anything as an investment advise and contact the company to verify all information.
"CZX’s Cardiac Creek deposit (Akie property) represents one of the top 10 largest undeveloped zinc deposits on the planet. The deposit is very good grade with a very high grade section within it that could be mined first (quicker payback of capital). CZX also has a very large prospective land package – this represents a district scale opportunity in mining friendly BC, Canada. Infrastructure in the area is relatively advanced (full road access, railway, power facility, deep sea port). Neighboring property / deposits owned by big players Teck Resources and Korea Zinc. We are going to China to visit Tongling and other Chinese companies next week for further discussions on our project development"

Company's presentation.

We will see in the nearest future, whether this market represent to us again opportunity to step in the Commodity Super Cycle and the more boring and forgotten story seems to be - the best value you can get with all proper investigation of management and property strengths."

With rising Zinc prices value in the ground is rising as well, another value driver is exploration: company has set anagressive exploration program for this summer season now.

"2010 AKIE PROPERTY EXPLORATION PROGRAM
Canada Zinc Metals Corp.'s planning is progressing well for the 2010 exploration program on its flagship, 100-per-cent-owned Akie zinc-lead property, located in northeastern British Columbia, approximately 260 kilometres north-northwest of the community of Mackenzie.

The objectives of this program on the Akie property are twofold:
To test the permissive Gunsteel formation -- Road River Group stratigraphy present along strike to the northwest of the Cardiac Creek deposit for the continuation of this mineralization;
To further explore the highly prospective North lead anomaly, located approximately 2.2 kilometres to the northwest of the Cardiac Creek deposit, which is underlain by similar geology. Previous drilling has encountered massive sulphides containing sphalerite and galena (0.8 metre grading 11.60 per cent Zn and 9.05 per cent Pb), sulphide replacement (pyrite, sphalerite, galena) of an underlying footwall debris flow and quartz-carbonate alteration of footwall rocks, all suggestive of proximity to a vent zone."

Tongling exercises its warrants at 20% premium to the market today (0.50CAD) - it is a very positive sign of commitment. Now Chinese company holds 17.5% in Canada Zinc Metals CZX.v, when will they bid for the whole company? Another important shareholder is Lundin Mining LUN.to With new Bailout in Europe direction is to Inflation and Commodities are the place to be. Another company we are following here is engaged in this Chinese M&A in Canada story: TNR Gold Corp. with International Lithium Corp. where CZX has a stake. Will shareholders in TNR Gold wake up one morning with new Chinese connection one day?

"Commodities: Zinc Play.

Canada Zinc Metals CZX.v now has very prominent shareholders - players in Zinc market like Chinese Tongling and Lunding Mining LUN.to. Togling has paid for 13% in the company price of 0.425CAD above even today's level of 0.4CAD.
We have called the company and can share with you some information for your further consideration. Please do not take anything as an investment advise and contact the company to verify all information.
"CZX’s Cardiac Creek deposit (Akie property) represents one of the top 10 largest undeveloped zinc deposits on the planet. The deposit is very good grade with a very high grade section within it that could be mined first (quicker payback of capital). CZX also has a very large prospective land package – this represents a district scale opportunity in mining friendly BC, Canada. Infrastructure in the area is relatively advanced (full road access, railway, power facility, deep sea port). Neighboring property / deposits owned by big players Teck Resources and Korea Zinc. We are going to China to visit Tongling and other Chinese companies next week for further discussions on our project development"

Company's presentation.

We will see in the nearest future, whether this market represent to us again opportunity to step in the Commodity Super Cycle and the more boring and forgotten story seems to be - the best value you can get with all proper investigation of management and property strengths."

With rising Zinc prices value in the ground is rising as well, another value driver is exploration: company has set anagressive exploration program for this summer season now.

"2010 AKIE PROPERTY EXPLORATION PROGRAM
Canada Zinc Metals Corp.'s planning is progressing well for the 2010 exploration program on its flagship, 100-per-cent-owned Akie zinc-lead property, located in northeastern British Columbia, approximately 260 kilometres north-northwest of the community of Mackenzie.

The objectives of this program on the Akie property are twofold:
To test the permissive Gunsteel formation -- Road River Group stratigraphy present along strike to the northwest of the Cardiac Creek deposit for the continuation of this mineralization;
To further explore the highly prospective North lead anomaly, located approximately 2.2 kilometres to the northwest of the Cardiac Creek deposit, which is underlain by similar geology. Previous drilling has encountered massive sulphides containing sphalerite and galena (0.8 metre grading 11.60 per cent Zn and 9.05 per cent Pb), sulphide replacement (pyrite, sphalerite, galena) of an underlying footwall debris flow and quartz-carbonate alteration of footwall rocks, all suggestive of proximity to a vent zone."

Stock is building the base with a Double Bottom reversal from recent downtrend. FED's discount rate hike is a serious blow to Deflationist camp, ones Inflation will be on investment agenda again, plays like CZX.v will be in fashion. Recent buying opportunity must be another Chinese trick to buy assets on the cheap side. This stock represents an opportunity to invest in Chinese Infrastructure via Zinc resource development in Canada. Who will be the final suitor of Akie Chinese Tongling or Lundin Mining? "Strategic investment" in TNR Gold with its upcoming focused Lithium play - International Lithium Corp. adds some spice to the picture with solid resource base in the stable mining environment.

"Canada Zinc Metals CZX.v will be another example of Chinese expansion into Canada.Canadian Juniors will be the most exited public with all recent developments, interesting to note, that sector is building reversal which is more aggressive than USD and Gold pace of changing direction - we have a bullish candle and Free White Soldiers, bullish reversal will be confirmed with crossing MA50."

"CZX highlighted by Salman Partners
Please find below, for your information, excerpts from the February 18, 2010 “Metals Morning Note” issued by Salman Partners of Vancouver, British Columbia, Canada.

"...the Western world’s demand for zinc is recovering nicely from recent lows."
"...the market is taking account of the following:
(a) zinc consumption has been growing in the Western world (and, we believe, is set to grow at about 1.9% per annum);
(b) zinc consumption has been growing at 24% per annum in China and is set to continue to grow, even if at lower rates;
(c) a long-term shortage of zinc-mining capacity in the Western world should begin in 2011;
(d) China may be bumping up against a ceiling in terms of its ability to smelt and refine zinc;"
The commentary goes on to highlight Canada Zinc Metals Corp., with its properties in British Columbia, Canada, as a play on the development of zinc resources.
TSX.V: CZX; Frankfurt: A0F7E1
About Canada Zinc Metals Corp.

Canada Zinc Metals is a mineral exploration company focused on unlocking the potential of a future long life mining district in British Columbia, Canada. The Company is the dominant land holder in a world class mineral belt called the Kechika Trough which hosts in excess of 80 million tonnes of base metal resources. Canada Zinc Metals owns a total of 78,526 hectares in 233 claims which extend northwestward from the Akie property for a distance of 125 km.

The Company has filed a NI 43-101 report supporting the estimated inferred resource of 23.6 million tonnes grading 7.6% Zn, 1.5% Pb and 13.0 g/t Ag (at a 5% Zn cut off grade) at its flagship Akie property. Using this estimate, the deposit contains 3.95 billion pounds of zinc, 780 million pounds of lead and 8.95 million ounces of silver. The deposit remains open in all directions.

Tongling Nonferrous Metals Group and Lundin Mining are significant shareholders of the Company."

Vancouver, British Columbia CANADA, Feb 22, 2010 (Filing Services Canada via COMTEX) --
Canada Zinc Metals Corp. ( CZX Quote Chart News PowerRating - TSX Venture), (the "Company") is pleased to announce that it is currently in the midst of planning the 2010 exploration program for its flagship 100% owned Akie Property, located in northeastern British Columbia. In general terms, the work being planned will comprise up to 5,000 meters of diamond drilling to test the possible extension of the Cardiac Creek Deposit to the northwest and to further explore the highly prospective North Lead Anomaly; and to continue environmental, geotechnical and archaeological studies which will elevate the project towards advanced exploration status (that may include advanced underground drilling and sampling activities) in 2011.
Additional details of the exploration plan, including estimated budget, will be announced once the program is finalized.
"We are very excited to be putting together plans for the 2010 exploration program at Akie," stated Mr. Peeyush Varshney, President and CEO of Canada Zinc Metals. "We look forward to once again aggressively moving the project forward."
Significant shareholders of the Company include Tongling Nonferrous Metals Group Holdings Co. Ltd and Lundin Mining Corporation.
About the Akie and Kechika Regional Properties
The Akie zinc-lead property is situated within the southern-most part (Kechika Trough) of the regionally extensive Paleozoic Selwyn Basin, one of the most prolific sedimentary basins in the world for the occurrence of SEDEX zinc-lead-silver and stratiform barite deposits.
Drilling on the Akie property by Inmet Mining Corporation during the period 1994 to 1996 and by Canada Zinc Metals since 2005 has identified a significant body of baritic zinc-lead SEDEX mineralization (Cardiac Creek deposit). The deposit is hosted by variably siliceous, fine grained clastic rocks of the Middle to Late Devonian 'Gunsteel' formation. The Company has outlined a NI 43-101 compliant inferred resource of 23.6 million tonnes grading 7.6% zinc, 1.5% lead and 13.0 g/t silver (at a 5% zinc cut off grade).
Two similar deposits, Cirque and Cirque South Cirque, located some 20 km northwest of Akie and owned under a joint venture by Teck Resources and Korea Zinc, are also hosted by Gunsteel rocks and have a combined geologic inventory in excess of 50 million tonnes (not 43-101 compliant) grading approximately 10% combined zinc + lead.
In addition to the Akie property, Canada Zinc Metals Corp. controls a large contiguous group of claims which comprise the Kechika Regional project. These claims are underlain by geology identical to that on the Akie property (Cardiac Creek deposit) and Cirque. This project includes the 100% owned Mt. Alcock property, which has yielded a historic drill intercept of 8.8 metres grading 9.3% zinc+lead, numerous zinc-lead-barite occurrences, and several regional base metal anomalies.
All of the company's claims (77,889 Ha), with the exception of a small isolated block (2,293 Ha), are in good standing, under the provisions of the Mineral Tenure Act of British Columbia, until December 8, 2018.
The TSX Venture Exchange has neither approved nor disapproved the contents of this press release.
ON BEHALF OF THE BOARD OF DIRECTORS
CANADA ZINC METALS CORP.
"PEEYUSH VARSHNEY"

CNBC Video: America meets Nano



We do not know how Tata Motors can make money on these cars, but we know that every car will need steel treated with Zinc and battery with Lead. USD2500 opens doors to personal mobility for millions, with level of 25 cars per 1000 population - this market has a long way to go to Western standards. It is again our magic "Growth from Low Base" in action.


One of our top picks Canada Zinc Metals CZX.v was moving up steadily all last year from below 0.2CAD to recent 0.66CAD level. Chinese Tongling has acquired 13% of the company and now will be close to 20% if will exercise its warrants. It is an important issue for us in our Lithium and REE plays as well - last summer CZX.v announced strategic investment into TNR Gold.

"Peeyush Varshney, Chairman and CEO of Canada Zinc Metals, commented, "This strategic investment into TNR and its proposed spinoff subsidiary, International Lithium Corp, will give our shareholders diversification into the growing opportunities that rare metal industries are offering. Furthermore, the investment gives us an interest in TNR's stake in the significant Los Azules copper project in Argentina."

One day we can wake up with new shareholders in TNR Gold with a very deep pockets. Recent news on Tongling acquiring Copper assets in Ecuador with Chinese Railway Construction Corporation speaks for itself about place of this company in Chinese Government circles. It is no surprise that Los Azules has attracted their attention.

"China's second largest copper producer, Tongling Nonferrous Metals Group Holdings Co, has joined with China Railway Construction Corp (CRCC) to make an agreed bid for Canada's Corriente Resources Inc."

Meanwhile company continues its work on one of the largest Zinc-Lead deposits in the world in stable Canada. Results from exploration shows further extension of the mineralised zone at the deposit and new discoveries at North Lead Anomaly. With two deposits in the area with magnitude of 50 million tones, dominant land holding in the area by CZX.v provides opportunity to consolidate the area with 100 million tons exploration target, which will put this on par with the top 10 largest Zinc-Lead deposits in the world.

Gold is hitting new highs, US Dollar is giving up on its reserve status and Inflation is just around the corner to be recognised as the major financial outcome of printing presses all around the world. Aluminium is not a metal for us to follow, but Alcoa's results are very important - we are taking it as a confirmation of Inflation filtering though the financial system and into Industrial Commodity Cycle. Do you know, that there were times when even Gold Bugs like us were being jealous looking at the Copper and Zinc prices? We have wrote about recent development in Los Azules - our favorite Copper play in Argentina, with Minera Andes MAI.to and TNR Gold TNR.v involved - we are very surprise to find out hesitation in the market place now. Minera Andes became a 100% owner of the deposit with TNR Gold confirming its back-in claim still valid for 25% of Northern part of the Los Azules. Does Xstrata control Copper prices or Chinese really do? Does 40 mil USD worth more then 37.5% of 414 mln USD Los Azules Implied value according to Rob McEwen with recent rock bottom valuations of Junior developers sector? We know the trick: you can complain only if you are fully invested at higher levels - in all other cases you are blessed with opportunity. It is even little bit less anxious time now: we have been here before, right after collapse in 2001.

Look at the chart below: previous Reinflation phase after dot.com crash from 2005 coincide with Zinc prices rising parabolically.

Who can tell us that it will be the case again? Guys like Brook Hunt (very respected organization that follows the metals industry) - they are talking about large number of zinc mines that are reaching the end of their production life…Xstrata’s Brunswick mine closure by itself will reduce global zinc supply by 4%. There is an anticipated very large and prolonged shortage of zinc supply looming (beginning in 12 to 18 months time). How to play it? We stick with what we know and you should investigate for yourself. We like to invest with those who knows the market and where it is going.

Canada Zinc Metals CZX.v now has very prominent shareholders - players in Zinc market like Chinese Tongling and Lunding Mining LUN.to. Togling has paid for 13% in the company price of 0.425CAD above even today's level of 0.4CAD.

We have called the company and can share with you some information for your further consideration. Please do not take anything as an investment advise and contact the company to verify all information.

"CZX’s Cardiac Creek deposit (Akie property) represents one of the top 10 largest undeveloped zinc deposits on the planet. The deposit is very good grade with a very high grade section within it that could be mined first (quicker payback of capital).

CZX also has a very large prospective land package – this represents a district scale opportunity in mining friendly BC, Canada.

Infrastructure in the area is relatively advanced (full road access, railway, power facility, deep sea port).

Neighboring property / deposits owned by big players Teck Resources and Korea Zinc.

We are going to China to visit Tongling and other Chinese companies next week for further discussions on our project development"

Company's presentation.

We will see in the nearest future, whether this market represent to us again opportunity to step in the Commodity Super Cycle and the more boring and forgotten story seems to be - the best value you can get with all proper investigation of management and property strengths.

Company called it "discovery" - should we read into it that another Zinc/Lead deposit could be there between Akie and Cirque deposits? Chinese Tongling must have little bit more sense of what is happening on the ground there - now we can understand why they have paid 100% premium for 13% stake in the company last winter.

"Canada Zinc Metals CZX.v is in a break out move and broke intraday 0.4 CAD to the upside."

Vancouver, B.C. – August 13, 2009 – Canada Zinc Metals Corp. (TSX Venture:CZX) (“Canada Zinc Metals” or the Company) is pleased to provide the following encouraging progress report on the 2009 exploration programs currently underway on the Akie Property and Kechika Regional tenures (collectively the” Properties”).
Kechika Regional Program
The 2009 Kechika regional program has been largely directed towards the Pie, Yuen Extension and Yuen claims that extend northwestward from the Akie Property for a distance of some 30 km. These properties encompass the highly prospective geological package(s) of Middle to Late Devonian fine grained sediments and associated carbonate rocks that host both the Company’s Cardiac Creek deposit and the nearby Cirque deposits owned by Teck Resources and Korea Zinc. The Pie claims have yielded initial exploration encouragement consisting of the following:
Discovery of a 70 metre long by 1.5 metre thick occurrence of bedded barite (“GPS Showing”), and associated iron seeps, and a nearby showing of laminar pyrite showing, all within black shales believed to represent the possible strike extension of the Cirque stratigraphy.
Prospecting and hand trenching in the vicinity of the main Pie showing has resulted in discovery of a float fragment of laminated sphalerite (zinc) , galena (lead) and pyrite mineralization identical to that present in the Cardiac Creek deposit and several occurrences of breccia within limestone, or in contact with the limestone, containing coarse grained galena, brown sphalerite and, in at least one instance, large (to > 2 cm), lath-like crystals of minerals interpreted to be white barite. At the present time, the breccia zones are being investigated further by additional hand trenching and channel sampling with a diamond saw.
A large number of rock, soil and silt samples have also been collected during the regional program and results are awaited.
Akie Property Program
Work to date on Akie has been focused on detailed geologic mapping in the general vicinity of the North Lead Anomaly located at the northern end of the property. This additional mapping has provided important information on the distribution of geological units in this highly prospective area, including identification of carbonate outcrops which, along with a nearby iron seep, indicate proximity to a shale (Gunsteel)-carbonate contact, a key stratigraphic marker horizon. The zinc-lead mineralization in both the Cardiac Creek deposit and the North Lead Anomaly occurs in Gunsteel shale at, or close to, the contact with carbonate rocks. Follow-up investigations in the form of prospecting and hand trenching are currently underway.
The North Lead Anomaly, located some 2.3 km northwest of the nearest drill hole to penetrate the Cardiac Creek deposit, is considered to be the highest priority target on the Akie property due to the mineralization encountered in a 1996 drill hole (Inmet; 11.60% zinc and 9.05% lead over an interval of 0.80 metre) within a geologic environment identical to that at Cardiac Creek. The mineralization, hosted by Gunsteel shale, is stratigraphically immediately above a debris flow in which the fragments and matrix have been replaced by pyrite, sphalerite and galena. This feature, combined with the presence of quartz-carbonate alteration in footwall rocks beneath the debris flow and widespread high lead/zinc ratios in samples of the overlying soil, are supportive of the presence of a hydrothermal feeder zone/vent complex in the area. Worldwide, SEDEX mineralizing centers such as this exhibit higher grade mineralization at the transition between the vent complex and the laterally extensive bedded ore facies.
“We are very excited by what our exploration team has uncovered thus far during this year’s exploration program,” commented Jim Mustard, president of Canada Zinc Metals. “We have always believed that additional discoveries on trend from the Cardiac Creek deposit would be made and these very encouraging results further confirm this potential.”
About the Akie and Kechika Regional Properties
The Akie zinc-lead property is situated within the southern-most part (Kechika Trough) of the regionally extensive Paleozoic Selwyn Basin, one of the most prolific sedimentary basins in the world for the occurrence of SEDEX zinc-lead-silver and stratiform barite deposits.
Drilling on the Akie property by Inmet Mining Corporation during the period 1994 to 1996 and by Canada Zinc Metals Corp. since 2005 has identified a significant body of baritic-zinc-lead SEDEX mineralization (Cardiac Creek deposit). The deposit is hosted by variably siliceous, fine grained clastic rocks of the Middle to Late Devonian ‘Gunsteel’ formation. The Company has outlined a NI 43-101 compliant inferred resource of 23.6 million tonnes grading 7.6% zinc, 1.5% lead and 13.0 g/t silver (at a 5% zinc cut off grade).
Two similar deposits, Cirque and Cirque South Cirque, located some 20 km northwest of Akie and owned under a joint venture by Teck Resources and Korea Zinc, are also hosted by Gunsteel rocks and have a combined geologic inventory in excess of 50 million tonnes (not 43-101 compliant) grading approximately 10% combined zinc + lead.
In addition to the Akie property, Canada Zinc Metals Corp. controls a large contiguous group of claims which comprise the Kechika Regional project. These claims are underlain by geology identical to that on the Akie property (Cardiac Creek deposit) and Cirque. This project includes the 100% owned Mt. Alcock property, which has yielded a historic drill intercept of 8.8 metres grading 9.3% zinc+lead, numerous zinc-lead-barite occurrences, and several regional base metal anomalies.
All of the claims (77,889 hectares) comprising the Akie Property and the Kechika Regional Project are 100% owned by the Company and encompass prospective Gunsteel stratigraphy over a distance of some 140 km.. This large land holding is located in northeastern British Columbia, approximately 280 km north-northwest of Mackenzie.
Qualified Person
John R. Fraser, P.Geo. (B.C.), Vice President of Exploration and a Director of Canada Zinc Metals Corp. is the Qualified Person for the Company, as defined by NI 43-101, and is responsible for the technical information contained in this release.

Canada Zinc Metals CZX.v is in a break out move and broke intraday 0.4 CAD to the upside.

"With all summer hot plays in Lithium and REE it is easy to miss a dramatic move in Zinc, which is back above 0.8 USD/lb now. Our Reinflation play Canada Zinc Metals announced today that it is considered itself undervalued by the market and will buy back its shares."

Resource World Magazine picks up the story with recent article - "Canada Zinc Metals Seeking New Kechika Trough Discoveriesan article entitled “Canada Zinc Metals seeking new Kechika Trough discoveries” written by Ellsworth Dickson.
Canada Zinc Metals has announced an initial 43-101 compliant inferred resource estimate for the Cardiac Creek zinc-lead deposit on its 100-per-cent-owned Akie property ( British Columbia , Canada ). At a zinc cut-off grade of 5 per cent, the deposit contains 3.95 billion pounds of zinc, 780 million pounds of lead and 8.95 million ounces of silver. The deposit remains open in all directions.

Canada Zinc Metals also owns an extensive highly prospective Regional Property package (100% owned) in the Kechika Trough which will continue to be the focus of a district scale exploration program."

Its recent investment in Lithium and REE play TNR Gold TNR.v is helping the recent rally: Lithium, Gold and Copper Junior is up to 0.27CAD from 0.2CAD level of CZX.v entry.

" 2. It is an area play with Chinese, TEC Resources and Korea Zinc involved and region shaping into one of the Major Zinc deposits in the world, Canada's locations will add to the value down the road compare to lets say Afghanistan or Africa. Mr Lukas Lundin is back in play in M&A games as well with his Lundin Mining troubles behind him."

New company presentation is here.

It is always important who is talking: these guys know that printing press will result in Inflation and rising Demand for Real Assets and Commodities, Bull is alive and will rise to the new highs with damaged Supply side by recent crisis. Years of underinvestment will bring fortunes to those who is bold enough to go into commodity Supply chains now early in the recovery cycle.

New markets will be developed by the new Bull:

"Once it was estimated that there is a place for six computers in the world. Electric cars is the base for the next industrial revolution and will drive alternative energy economy for years to come. China and India will leap frog directly into the Green future and West will have to catch up. Cash constrained, coming of work force Baby Boomers will opt for Electric cars, in our view, once they will be proven to be safe and at the same price level as conventional vehicle. People will be ready to invest in a low maintenance and cheap to run vehicles, which will cover their domestic needs. Electric Cars' economics with 3 cents per mile against very fuel efficient 13 cents per mile of oil driven car will be a selling force for the market place. Demand will be fueled by government rebates, lower taxes and lower other ownership fees like congestion charges in London, UK - which are abolished for EVs. Do not underestimate "Feel Good" marketing factor."

"Goldman predicts repeat of 2008 commodities spike
Thu Aug 6, 2009 9:04pm IST

* Goldman says commodity prices heading for "redux of 2008"
* Says demand needs to be rationed by higher prices
By David Sheppard
LONDON, Aug 6 (Reuters) - Goldman Sachs said it expects commodity prices to spike sharply higher next year, mimicking the moves in 2008 when oil almost hit $150 a barrel and other commodities touched a series of all-time highs.
The U.S. bank said potential supply shortages created by years of underinvestment have been exacerbated by the global financial crisis and tight credit conditions.
"As the commodity markets rebound with the broader global economy we expect a redux of 2008 when severe supply constraints forced the rationing of demand through sharply higher prices to keep the market balanced," Goldman Sachs analysts said in a research note dated Aug 5.
"As the developed world increasingly begins to consume like Westerners the demands placed on the finite resources of the planet increases. This trend of human populations growing faster than the earth's ability to produce not only impacts food production but that of commodity usage."
Goldman Sachs made headlines in early 2008 after analyst Arjun Murti predicted oil prices could spike as high as $200 a barrel. Oil prices had never before traded above $100 a barrel until January 2008.
By July of that year, oil had hit a high of $147.21 in New York, before it crashed to almost $30 a barrel by the turn of the year as the recession slashed demand.
Prices have since recovered to around $70 a barrel, but some economists have already cautioned this level could be high enough to derail any economic recovery.
Other analysts have also said the commodity price spikes could have permanently destroyed some demand, especially in the developed world, which could mean last year's rally is unlikely to be repeated near-term.
Equity analyst Murti worked on the latest Goldman research note alongside the bank's commodity research team, led by Jeffrey Currie in London."