SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Cross Lake Minerals CRN

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: VIP Condo who wrote (1017)12/31/1997 8:02:00 AM
From: the Chief  Read Replies (3) of 3650
 
Considering that the world consumption of Copper is 100's of millions of "tons" per month. The increase created by the computer industry, would be the equivalent of one barrel of oil increase in OPEC production per day. It literally will be a "pebble in the road". What we need is "infrastructure" increase in China/Asia to help us stabilize the present metals decrease.

I suppose if one really thought that the move to copper in the computer industry was going to have significant impact, one would short Gold" because of the "significant loss" of consumption as a result of the change. But, the same applies to the loss of "gold" consumption, it was literally so insignificant that it will not be felt.

Nope, what we gotta do is help the Asians get back on their feet and force them to buy toasters, motors, electrical wire, generators, and use copper fillings in their teeth, to get this thing moving again!

the Chief
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext