SI
SI
discoversearch

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


To: Fishfinder who wrote (29437)5/7/2004 12:06:10 PM
From: russwinter  Read Replies (3) | Respond to of 39344
 
<Am I missing something??? >

These markets are heavily dominated by funds and wild men, and they have bizarre "reflation trade" playbooks that fail to account for (and badly distort the markets) the fact that metal inventories in tin, lead, nickel, and copper are virtually out. There are only signs that demand has fallen from hyperdrive to just overdrive, and that's just not going to be enough to prevent a real Train Wreck, and severe price rationing.

John Hathaway well described the mentality as to pertained to gold:
Message 20104206

Current inventory:
metalprices.com