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Politics : Gold and Silver Stocks and Related Commentary

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To: loantech who wrote (6213)2/14/2005 9:47:42 AM
From: Michael Bidder  Read Replies (2) of 18308
 
POG is recovering so i assume the usd is going down again.

I was in Guangzhou China yesterday and today. (took the train back to hk this morning)

One forgets what a strong impression China has on a westener. I simply have never see so much construction!

Buildings are HUGE and everything is massive. China's studant population is excited and enthusiastic about chinas change and their future. I think commodies like copper for wire and lead for car batterys will stay high!

As long as there is double digit growth in China! It's exponential! Because 15% growth in 2005 is much more demand than 15% growth 3 years ago!

I see comodities like copper, lead, zinc, nickle, and perhaps even steel as staying very strong. I don't know how elastic is the supply for steel and coal. I suspect world supply to easly catch up on those easy to produce commodities.

what say you?
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