Toronto: Commodity Markets – A Forecaster’s Dilemma

January 27, 2016 all-day
Borden Ladner Gervais LLP
Scotia Plaza
40 King St W, 44th floor

You are invited to the Wednesday, January 27th meeting (at 4:15 pm) of the Discussion Group of CIM’s Management and Economics Society, for a presentation by:

David D. Davidson MSc, MBA
Partner and Senior Analyst, Paradigm Capital Inc.


Commodity Markets – A Forecaster’s Dilemma

Rarely has the market been swamped with such an array of conflicting economic and industrial data. China – hard landing or soft? Europe – has the bottom been put in? The US – improving economy to be short circuited by tapering? Any wonder why the commodity complex and related equities continue to probe new depths? Espouse all the supply/demand fundamentals you want – in this market it is easy, and ironically the best decision, to ignore the fundamentals in the short term. The old maxim “the cure for low prices is low prices” remains true today. The seeds are being set for a recovery. The question is when?

BIO: Mr. Davidson has been a Partner and Senior Analyst of Paradigm Capital Inc. since 2003. Paradigm is a resource focused, employee owned, brokerage firm. From 2001 to 2003 he was managing director and founder of Beacon Group Advisors. He was Vice President and Director of Newcrest Capital Inc. from 1997 until the take over of Newcrest by TD Bank in 2000.

From 1990–1997, Mr. Davidson was a managing director and analyst at CIBC Wood Gundy Inc. From 1987-1990 Mr. Davidson was President of D.D. Davidson and Associates Ltd, providing geological and geophysical services to the mining industry principally with respect to South America and Africa. From 1971 to 1987, Mr. Davidson was Senior Geologist with Placer Development Ltd, a company involved in base metal and gold exploration worldwide.

Mr. Davidson is a fellow in the Geological Association of Canada and a member of the Canadian Institute of Mining and Metallurgy and a core member of the Prospectors and Developers Association of Canada. In 2007 Mr. Davidson was awarded the CIM’s Robert Elver Mineral Economic Award.


Please join us on:

Wednesday, 27 January 2016
Refreshments at 4:15pm – Presentation at 4:35 pm


Borden Ladner Gervais LLP
Scotia Plaza, 40 King St W, 44th floor, Toronto


Please RSVP by email to if you are interested in attending. All are welcome to this excellent networking and learning opportunity.

Thank you to our sponsor, Borden Ladner Gervais LLP for again providing the space.

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