Copper - analysis Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Copper - analysis

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: jimsioi who wrote (1095)	1/16/2005 12:49:22 AM
From: The Vet	Read Replies (1) of 2131

jimsioi it's official...."the World has run out of Copper....!!" It'll never run out of Silver...or Gold, as long as big NY Bank paper is a substitute. How true; all the metal markets are priced by the purveyors of paper and until the day that demand for actual metal exceeds supply and there is none left in any warehouse that will remain true. The fact is that there are always naked sellers of copper paper who will sell in the face of all the fundamentals of supply and demand, just using technical analysis worked out from price charts. With copper, they will eventually burn, unless they are bailed out by the exchanges that house and protect them with ever changing rules. Silver and gold are a different matter simply because they are PMs and have a significant investment role. Investment products can always be substituted for cash, bonds or barter providing the holder of the real metal can be induced to part with it. Copper however as a industrial metal is a much harder proposition. People won't tear out their A/C, their electrical wiring, plumbing etc. in order to cash in their copper!

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next