Thursday, November 08, 2012 3:20:53 PM
I agree with you that it's a rough road ahead in the U.S./Europe and demand in certain countries will most likely slow down.
At the same time there are lots other countries that are/were using cheap substitutes for Niobium but are adopting it's use. And there's lots of countries with healthy growth rates GDPWorldwide Which would counteract slowed demand in other parts of the world. China is one of good example, probably India too. China also has a lower class that is steadily making more and more money. They're buying things that contain niobium; computers, iPhones, tablets, I don't know, Gillette razor blades? Could probably go on and on about that. I read an article about China's lower class recently, as a whole they spend all their paycheck to improve their quality of life. And credit cards are being introduced to them now as well, I think Citibank is heading that effort up.
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