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Gold/Mining/Energy : Gold Price Monitor
GDXJ 108.29-0.9%4:00 PM EST

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To: dynamitehandler who wrote (53996)6/9/2000 11:53:00 AM
From: pater tenebrarum  Read Replies (1) of 116790
 
JW, you're imagining this. BLS just reported that electricity prices fell by 1,5%.

'seaonally adjusted' of course...:)

i heard that electricity futures were going absolutely bonkers last month (i.e. in reality, not in government statistics fantasy land). haven't checked actual prices, but it seems there was an extreme price spike at some point.

probably the end result of this will be rising aluminium prices, no? because either the higher input costs are being passed on, or capacity will be idled, reducing supply.

but not to worry...they will fall, 'seasonally adjusted'....:)

regards,

hb
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