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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (63005)4/29/2005 11:20:53 AM
From: pezz  Read Replies (1) | Respond to of 74559
 
<< cash is at lowest level since a long long time ago>>

You must feel confident in your understanding of what's goin on. I'm at my highest cash level cauz everything I touch lately turns to .....well you get the idea. And it all seems like a mystery to me.



To: TobagoJack who wrote (63005)4/29/2005 12:26:12 PM
From: Cogito Ergo Sum  Read Replies (2) | Respond to of 74559
 
caseyresearch.com
Such a decline would be in line with the general trend for many of the other industrial metals as of late. Copper fell for the sixth successive session in London overnight, and is currently trading at $1.5098/lb. According to Hong Kong’s The Standard, Chinese buyers are steering clear of the metal, speculating that China will revalue the yuan some time around next week’s Labor Day holiday, making commodities cheaper for Chinese users. The paper also noted that the high prices seen in the copper market during the first quarter of this year may have reduced demand, with Chinese imports falling 15.4 percent year-on-year during the period.

K