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Gold/Mining/Energy : Copper - analysis -- Ignore unavailable to you. Want to Upgrade?

To: jimsioi who wrote (1095)	1/15/2005 10:14:07 PM
From: jimsioi	Respond to of 2131

Course of the USD and metals hinges on Capital Flows Data "On Tuesday, markets will bracing for the U.S. capital flows report for November. The report has been a major factor in determining the dollar's price action, given the market's renewed focus on the U.S. current account deficit. "Everybody is waiting for the Treasury flows data. In my mind, the data could trigger some sharp moves in the dollar either way, depending on the outcome. My guess is the dollar could either rise or fall 2 percent," said HVB's Wolf. story.news.yahoo.com Bullish treasury flow data or some that is not so negative, combined with the deficit cutting spin coming out of the White House and hawkish Fed Speak on rates, and BINGO, we see the dollar at 85 on the Index.. stockcharts.com[h,a]dacaynay[dd][pb40!c200!i!f][ill14!lp14,3,3!le12,26,9!lb14!lm12!lya7,14,28!ld20][J32585127,Y]&pref=G We'll see what we gets dished up...

To: jimsioi who wrote (1095)	1/16/2005 12:49:22 AM
From: The Vet	Read Replies (1) \| Respond to of 2131

jimsioi it's official...."the World has run out of Copper....!!" It'll never run out of Silver...or Gold, as long as big NY Bank paper is a substitute. How true; all the metal markets are priced by the purveyors of paper and until the day that demand for actual metal exceeds supply and there is none left in any warehouse that will remain true. The fact is that there are always naked sellers of copper paper who will sell in the face of all the fundamentals of supply and demand, just using technical analysis worked out from price charts. With copper, they will eventually burn, unless they are bailed out by the exchanges that house and protect them with ever changing rules. Silver and gold are a different matter simply because they are PMs and have a significant investment role. Investment products can always be substituted for cash, bonds or barter providing the holder of the real metal can be induced to part with it. Copper however as a industrial metal is a much harder proposition. People won't tear out their A/C, their electrical wiring, plumbing etc. in order to cash in their copper!