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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?


To: que seria who wrote (2389)3/13/2002 8:52:22 AM
From: russwinter  Respond to of 39344
 
<same general economic conditions that will make for large base metals consumption>

I'm still a weak economy proponent and don't see consumption growth as the primary driver. Consumption will remain somewhat flattish. I believe the commodities and metals bull market will be supply side driven. There isn't enough replacement that can be developed and produced at a reasonable return on capital. In fact these industries have been starved for capital for too long now, and even superlative deposits like MANs have been neglected. In actuality what MAN has should be at a premium.