Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: loantech who wrote (22289)	10/4/2006 2:40:46 PM
From: Claude Cormier	Read Replies (1) \| Respond to of 78419

As Wayne would say "We are all bozos on this bus". Nobody can predict the short and intermediate term. There is only one thing sure, fiat currencies are headed for zero in the long run, dixit "Voltaire" many centuries ago. In that context, all metals (and other resources) will eventually be priced much higher (until there is no more of them). In the short and medium term, base metals are subjected to the demand-supply equation. We may be at an intermediate peak with this coming recession. It is possible that China's (and Asia) demand will continue to grow therefore supporting prices way above what we had just 3 years ago and this, despite a recession in the USA and Europe. But if a global depression develops as the overproduction in China take a break, then base metals will go back to levels of 2-3 years ago and this would be a stop to all high costs projects.