Mish's Global Economic Trend Analysis Message Board

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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: TobagoJack who wrote (48140)	3/15/2006 3:46:19 AM
From: Amark$p	Read Replies (1) of 116555

Jay, could you please give me your insights on this article, does it coincide with your viewpoints on China?: investorsinsight.com In particular, do you see China increasing export taxes on "natural resource" exports such as copper...? Would you think exports such as tungsten, which China produces 80% of total world production, would also get an export tax...? China has closed down numerous small, local tungsten miners over the past 18 months (took away their TNT/explosives used for mining, etc.) Should one be buying Tungsten junior mining stocks in addition to gold and gold mining stocks given that profits are quite high at US$280 tungsten price...!!? With the actions China is taking as cited in this article and China producing over 80% of worldwide Tungsten, appears that Tungsten price should remain over US$250 which is more than enough for Tungsten miners to make tidy profits, and if China implements an export tax, even more profits for non-China producers...??? Thanks for any comments in this regard!!

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