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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: Crimson Ghost who wrote (30575)5/22/2005 12:06:55 PM
From: mishedlo  Read Replies (2) of 116555
 
fleck [...] Despite the recent carnage, I continue to be very constructive on the outlook for the metals, especially given that the Federal Reserve is trapped. Short interest rates are now a whopping 3%, and folks can see the amount of pain that's already occurred in the financial community -- and we're not even close yet to the underlying rate of inflation.

Consequently, no matter how I approach the process, I keep coming back to the same point: Eventually, all roads will lead to higher metal prices.

moneycentral.msn.com
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