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Strategies & Market Trends : Commodities - The Coming Bull Market

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To: craig crawford who wrote (426)7/3/2001 10:16:15 PM
From: Sarmad Y. Hermiz  Read Replies (1) of 1643
 
>> Deutsche Bank says technical outlook for base metals "worsened"

I hope you don't mind my breaking into this conversation. But one thing I wanted to tell you that I read back in college 30+ years ago. At the time, the rich iron ore fields of Minnesota had approx 8% concentration of iron in the dirt. And at that concentration, let's say there are x tons of ore available for feasible extraction. However, at the next level of concentration, say 7% there were 10 times x quantity of ore available. And I think the same relationship holds for most metals.
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