Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: TrueScouse who wrote (11345)	4/5/2004 1:32:02 PM
From: gregor_us	Read Replies (2) \| Respond to of 110194

The Commodity Trade is in for a Rough Patch, Here. I'm not ready to get back on the oil, coking coal, iron ore, copper train just yet. The USD really does look like it wants to hurt some people here by going much, much higher--say over the next 30-90 days. I like the idea that a robust spike in the USD is the precipitating event that sets it back on its original crash course. There is of course nothing, nada, fundamental to any USD strength... ...except this... if the US economy enters a new recession, it will be a contraction. And contractions spit out a reduction in the money supply--eventually.

To: TrueScouse who wrote (11345)	4/8/2004 4:25:37 PM
From: russwinter	Read Replies (1) \| Respond to of 110194

Chile's copper weekly: cochilco.cl "first quarter report of Freeport, will be important as it is expected to show the state of the Grasberg mine." The way Cu has been trading softer despite the rapid inventory draw-downs (on 4-7: 176,600 LME, 206,814 Comex= 383,414) , suggests somebody knows the Grasberg finish repair schedule? Then maybe it's the same divorced from reality stuff, that seems so prevalant nowadays? If there is a delay beyond June, it will be a terrific shock, and you know I'm having a harder and harder time trusting the "judgement" ($1.29 in the case of Cu, less in the out months) of the "markets". No release date yet, and nothing in the 8 K, released 3-30. Do you think they may being having problems getting supplied on top of that mountain in Irian Jaya, and with the Train Wreck in full force? Just a thought, and one more thing that could go wrong.