News Releases
Members of the media are invited to join Donald Coxe, Global Portfolio Strategist, BMO Financial Group, for an update on his outlook for the global commodities sector.
Mr. Coxe will host a conference call on Monday, February 26 at 2:30 p.m. (EST), following his keynote address at the BMO Capital Markets' Global Resources Conference in Tampa, Florida. Speaking to a delegation of more than 930 people, Mr. Coxe is set to discuss.
- A review of the fifth year of the greatest commodity boom ever,
- Why 2007 will be similar: Nearly all experts forecast falling metal prices and profits, as they have throughout the boom,
- Why stable oil prices are good news for mining companies, even though most investors assume that if oil prices aren't going up, it's time to exit commodity stocks generally,
- Why the focus for 2007 commodities will be primarily on grains and oilseeds, not oil or metals
- An upward revision in his outlook for gold prices, despite the lack of a return in global inflation.
Conference Call Details:
| When: |
Monday, February 26, 2007 A question and answer period will follow Mr. Coxe's analysis. |
| Dial-In Number: | North America: 877-888-4210 & 416-695-9748 Global Toll Free: 800-4222-8835 |
Copies of Mr. Coxe's latest Basic Points report on the Commodities Sector, is available by visiting: http://research-ca.bmocapitalmarkets.com/documents/5C3CADE1-D94C-42FA-AD5D-C4355CD745E7.PDF
BMO Capital Markets is a leading North American financial services provider offering investment and corporate banking, advisory services, treasury and market risk management, institutional investing, and research. BMO Capital Markets is a member of BMO Financial Group (NYSE, TSX: BMO), which has more than US$284.9 billion in total assets and 35,000 employees as of October 31, 2006. For more information, visit www.bmocm.com.
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