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


To: russwinter who wrote (32400)11/17/2004 11:18:11 PM
From: jimsioi  Read Replies (3) | Respond to of 39344
 
Metals markets smell to me of a shake out coming...

Russ this one quote from the article you posted troubles me most...

``There is so much speculation on Shanghai. The money has poured in from people with no clue about the metals market, but were attracted by stories of how much money could be made on the Shanghai futures market,'' the trader said.

ETF reportedly to begin trading tomorrow....watch the press say that purchases by investors were less than anticipated and for a $15 dollar break to ensue.

Don't plan to sell much, tomorrow, but do plan to lighten up....



To: russwinter who wrote (32400)11/18/2004 10:13:26 AM
From: Ramsey Su  Read Replies (2) | Respond to of 39344
 
Looks like they found plenty of copper for China at this neigboring country.

biz.yahoo.com