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

To: Wyätt Gwyön who wrote (16369)	7/9/2004 12:23:25 PM
From: russwinter	Respond to of 110194

How 'bout just flat out running out of the stuff <vbg>!! Down to 180,857 MT in Comex and LME. I guess the question I'd ask is what took 'em so long to figure it out?

To: Wyätt Gwyön who wrote (16369)	7/9/2004 12:33:06 PM
From: TrueScouse	Read Replies (1) \| Respond to of 110194

RE. Copper... Russ summed it up in his response, but this article gives you all the numbers: bloomberg.com In particular.... <<Consumers are withdrawing metal as production from mines and scrap yards isn't keeping up with demand. Use of the metal exceeded production by 513,000 tons in the first four months this year, compared with 207,000 tons a year earlier, the Copper Study Group said.>> Regards, Howy