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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers
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To: loantech who wrote (58297)4/9/2008 4:02:24 PM
From: E. Charters  Read Replies (1) of 78424
 
8% of China's business is with the US. Metals are being bought for SEA countries, and are based on scarcity for needed new development and industrial capacity.

So I would think no, the retail downturn that always accompanies austerity at the grass roots level is not going to impact metals that much. We are simply not that big a factor in metals prices anymore.

EC<:-}
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