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To: Box-By-The-Riviera™ who wrote (142167)1/8/2002 6:38:59 AM
From: sun-tzu  Read Replies (2) | Respond to of 436258
 
basically my point is this...the rising CRB, and in particular copper, indicate that the greenie reflation plan is working. the FED views that as necessary to defend deflation and stimulative economically. of course, the inflation hawks will now be out in droves.

with regards to copper, it's rise indicates an increased industrial demand which can be construed as an indication of an economic turnaround. my take, which of course is purely subjective, is that the increased demand is being driven by companies increasing their inventories in anticipation of an economic revival.

at some point, the companies will either be proven wrong or right. my feeling of course is that eventually they will be proven wrong. but in the short term i feel that this is...

bullish for equities
bullish for gold