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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: jennifersilversun who wrote (6234)2/9/2006 3:46:54 PM
From: Claude Cormier  Read Replies (4) of 78416
 
- I gather you think that if investors realized the implications it would be up even more

Exact.

As for Tungten, it is certainly less glamorous than most other metals. But it doesn't trade on Comex and is not subject to speculators. Its price reflects the real demand/supply equation. And right now it is in real shortage. It is a small illiquid market with 90% of production coming from China, but its application are numerous and critical. I can see a possibility of prices doing what palladium prices did a few years back.

I will let you figure out what it would mean to PMI net profits. Of course, who can really predict. Could be that a global depression is ahead and metal prices will come down. Could be that WWIII is ahead and tungsten will be in great demand to harden war vehicles. Could be...?

Investing decisions must face a lot of uncertainties.
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