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

To: onepath who wrote (22473)	10/7/2006 9:20:13 PM
From: TheSlowLane	Read Replies (3) \| Respond to of 78421

My daughter's friend came over for dinner tonight. She recently returned from spending three months in Beijing. I asked a few questions about life there. She said she likes it because she can go shopping for 12 hours a day (well, what would you expect from a 13-year-old). We asked about cars and she said that people still use bicycles for trips under 20 minutes, but that "everyone has a car now". Her father travels back and forth quite a bit and her mother is considering moving there to start a business. I don't think that most of us have the faintest clue of what a juggernaut is rolling over there.

To: onepath who wrote (22473)	10/8/2006 12:49:23 AM
From: koan	Read Replies (1) \| Respond to of 78421

Base metal consumption is huge. And they are building a huge freeway all around India and in India a car is a status symbol. Some households have several. Asian demand and consumption defies understanding. I was sort of not surprised about the lead trip. Lead supplies are dropping like lead on the London metal Exchange-lol. My son in law is a chemist and I asked him a while back about batteries. He said lead was still the big ingrediant. BWR produces a lot of zinc and lead. BWR wts are now my largest position. Copper, nickel, lead, zinc and all base metals all seem in real short supply. We could be completely underestimating how big the shortage ends up being. NO one predicted todays huge prices, so what makes us think we can predict future uses using past charts? As I mentioned, the fact they (base emtals) are all in short supply and with high prices makes me pretty confident we are looking at a unkown paradigm shift and long term secular bull market. And with countries like Taiwan, Japan, South Korea, India and China all seeming to be building huge new armies AND NAVEYs-- means more gigantic consumption of metals. Unfortunately, it will also probably mean the end of mankind-lol.