Precious and Base Metal Investing Message Board

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Gold/Mining/Energy : Precious and Base Metal Investing

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To: Fishfinder who wrote (29437)	5/7/2004 12:06:10 PM
From: russwinter	Read Replies (3) of 39344

<Am I missing something??? > These markets are heavily dominated by funds and wild men, and they have bizarre "reflation trade" playbooks that fail to account for (and badly distort the markets) the fact that metal inventories in tin, lead, nickel, and copper are virtually out. There are only signs that demand has fallen from hyperdrive to just overdrive, and that's just not going to be enough to prevent a real Train Wreck, and severe price rationing. John Hathaway well described the mentality as to pertained to gold: Message 20104206 Current inventory: metalprices.com

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