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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?


To: Cogito Ergo Sum who wrote (1940)1/8/2004 8:02:28 PM
From: Louis V. Lambrecht  Read Replies (1) | Respond to of 313947
 
K, OK, looking further for the metals in constant USD Dollars
(Dec 31 prices divided by the index/pc)
One year price change.


Metals Price Price price Dec 31
in 2003 Jan 02 Dec 31 raw in constant Jan 02 USD
Palladium 237.00 195.00 -17.72% 164.02 -30.79%
Aluminium 1340.50 1592.50 18.80% 1339.51 -0.07%
Silver 4.67 5.97 27.87% 5.02 7.55%
Gold 325.10 416.25 28.04% 350.12 7.70%
Zinc 755.00 1008.00 33.51% 847.86 12.30%
Platinum 608.00 813.00 33.72% 683.84 12.47%
Copper 1544.50 2301.50 49.01% 1935.87 25.34%
Tin 4260.00 6565.00 54.11% 5522.05 29.63%
Lead 428.00 725.00 69.39% 609.82 42.48%
Nickel 7210.00 16650.0 130.93% 14004.88 94.24%


Story is quite different if I look at the prices from Sep 02
(my affirmation that base metals merely reflects the Dollar: most of them did).


Metals Price Price price Dec 31
in 2003 Sep 02 Dec 31 raw in constant Sep 02 USD
Palladium 198.00 195.00 -1.52% 170.56 -13.86%
Aluminium 1443.50 1592.50 10.32% 1392.93 -3.50%
Silver 5.11 5.97 16.73% 5.22 2.10%
Gold 373.70 416.25 11.39% 364.09 -2.57%
Zinc 819.00 1008.00 23.08% 881.68 7.65%
Platinum 712.00 813.00 14.19% 711.12 -0.12%
Copper 1775.00 2301.50 29.66% 2013.09 13.41%
Tin 4910.00 6565.00 33.71% 5742.30 16.95%
Lead 508.00 725.00 42.72% 634.15 24.83%
Nickel 9890.00 16650.0 68.35% 14563.5 47.25%