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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: Sully- who wrote (48697)3/15/2002 12:03:19 PM
From: Jim Willie CB  Read Replies (2) | Respond to of 65232
 
great commodity bull market of 00's has begun
I have researched this area for 4 months now
in my opinion its sector will stand alone with pricing power

China's econ developmt alone guarantees shortages worldwide
all the while Asia's continued deflation struggle guarantees poor tech pricing power worldwide

this set of sectors (oil/gas, copper, silver, platinum, lumber, even water) will gather steam throughout the entire decade
in a few years, CNBC will be talking nonstop about commodity prices
that will signal the top is nigh
those kneejerk echo chambers are a top signal, nothing more

meanwhile, I think the next CORNER will be with silver
the annual deficit is vast
800 million oz silver demanded per year
500 million oz produced per year
150 recovered via recycle per year
ergo: 150 million oz deficit per year
and the US Strategic Silver reserve is now zero
it once stood at 6.2 billion oz in 1942
the US Military will not tolerate zero reserves, since silver is the world's best conductor, present in almost every chip in use
silver will become a matter of national security

watch the corner happen in silver within 18 months
why should anyone care?
because silver mining stocks will rise 30-70 fold !!!
because the govt central banks dont own any more silver, depleted

are you guys too caught up and tangled in the dead bones of tech stocks to notice ???
the houses have loaded up in energy stocks all winter long
now they are citing energy sector recommendations
while you guys are jerking off with techs still
techs led the parade down, but will not lead the parade up
ditch the casino, check out the gas station

the price of natural gas will absolutely explode before mid-2003
I doubt more blackouts
well, unless mindless Democrats legislate price caps
while Republicans try to produce, Democrats try to block and for good measure install caps

WE HAVE A DIFFERENT PARADIGM
/jim