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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: Joan Osland Graffius who wrote (43507)3/24/2002 7:49:01 AM
From: Zeev Hed  Read Replies (4) of 99280
 
I think that you are right about copper and ot throwing off additional silver on the market (it is the same relationship with aluminum and gallium), that might be actually another reason silver may not go far, since copper prices have started to rise (wit the whole CRB), and with the boom in housing, probably supplies of copper could become tight, that may induce reopening of copper capacity, and if silver demand does not go up at the same rate as copper, over supply may develop. I don't think it is a "slam dunk" one way or the other. As for the Japanese recent appetite for gold, quite understandable, but a little late and a little overdone (buying at three times their normal rate of buying).

Zeev
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