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Strategies & Market Trends : Commodities - The Coming Bull Market -- Ignore unavailable to you. Want to Upgrade?


To: craig crawford who wrote (426)7/3/2001 9:49:12 AM
From: craig crawford  Read Replies (1) | Respond to of 1643
 
Tuesday July 3, 8:43 am Eastern Time
Treasuries Continue Sliding, Eye Holiday
biz.yahoo.com

By Daniel Sternoff

NEW YORK (Reuters) - U.S. Treasuries fell for the sixth time in seven days on Tuesday, dented by budding optimism that the economy has survived the worst of a sharp slowdown and that the Federal Reserve's rate cutting cycle is nearly over
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Treasuries crumbled last week after the Fed dropped its aggressive rate-cutting course for a go-slow approach and a raft of data painted a picture of a stabilizing economy.



To: craig crawford who wrote (426)7/3/2001 10:16:15 PM
From: Sarmad Y. Hermiz  Read Replies (1) | Respond to of 1643
 
>> Deutsche Bank says technical outlook for base metals "worsened"

I hope you don't mind my breaking into this conversation. But one thing I wanted to tell you that I read back in college 30+ years ago. At the time, the rich iron ore fields of Minnesota had approx 8% concentration of iron in the dirt. And at that concentration, let's say there are x tons of ore available for feasible extraction. However, at the next level of concentration, say 7% there were 10 times x quantity of ore available. And I think the same relationship holds for most metals.