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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?

To: John McCarthy who wrote (21242)	9/17/2006 2:15:29 PM
From: koan	Read Replies (2) \| Respond to of 78417

Max, is right about China's growth. They keep trying to reign it in, but it was 10.2% last year I think. Both china and India, in my opinion, will actually use more metals as they get further along in the building of their infrastructure. Tom Friedman on the BBC (naturally-lol) had a recent documentary on India's fantastic growth showing what the new middle class is doing and how they are living. Very modern middle class. I think both China and India now have a middle class around 300 million. Size of the US. The high oil and gas prices have really helped Russia (largest exporter of oil and gas)to modernize and many of the middle east countries. As I have posted, there is one trillion in construction going on in Dubai and 20% of the worlds largest cranes. I think the whole world will continue modernizing at an increasingly faster rate. Just as we did not forsee the extraordinary consumption of metals coming down the pike, so I doubt we really can wrap our minds around future growth. I believe we will make a quantum jump in long term metals prices which will stick.