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Strategies & Market Trends : Natural Resource Stocks

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To: isopatch who wrote (4295)12/4/2003 9:40:54 AM
From: Jim Willie CB  Read Replies (1) of 108663
 
relaxed steel tariffs will have renewed positive commodity effect

CRB did a fakeout droopy decline, recovered in one day
that is strength
I do anticipate that China sometime in the next 12 months will curtail its own debt extension, business expansion, real estate speculation, etc
that will dampen commodity demands and cause problems in the WEST

expect now for grains, copper to be bid higher by China
and for speculators to get in front of this expectoration

copper rose on Tuesday from threatened Chilean supply
but it should vault past $1.00 on Chinese buying
my Taseko (TKO.V) is up around 45-50% in 3 weeks
it is a pure copper play

soybeans are back towared 780, near highs
/ jim
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