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Gold/Mining/Energy : Precious and Base Metal Investing

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To: Louis V. Lambrecht who wrote (15533)8/3/2003 10:07:08 PM
From: zinc-man  Read Replies (1) of 39344
 
<net importer >
Keep in mind, the USD will have a dramatic effect on the price of base/resource plays.

History supports both high prices and high inventory levels, along with low prices and low inventory levels.

For example, during 1999-2001 zinc fell below critical 6 week supple levels on the LME, yet maintained steep price declines.

Inflation and USD fall will be the leading factor in pricing power for metals, followed by rising economic driven demand.

ZM
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