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To: Archie Meeties who wrote (3506)7/12/2000 11:12:05 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 436258
 
also last month OPEC production actually fell, because Iraq produced considerably less than in the previous month.

these LME inventory drawdowns are spectacular...one wonders why prices have been so well behaved thus far. presumably the slightest supply disruptions could send the metals through the roof.

silver has been too low for way too long...note, not only are inventories at a multi-decade low, but price volatility has decreased to new lows...implying a phase of increasing volatility is near.