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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 (24232)	11/2/2006 10:06:42 PM
From: jackjc	Read Replies (1) \| Respond to of 78419

Thats why I posted the other side, it is multi-faceted. Don't think Roach has been right for some time on this. But that is talking 43% of GROWTH of world GDP, PPP based. But base metals cannot even supply the present demand, almost as much tonnage is running out as new coming on. The growth can come down some, and US can have zero growth without affecting base metal demand. US consumes 10% of world Zinc, Asia 55%. US is expected to use .1%-.2% more next yr if econ ok. So what if they only use the same, or a little less. It just ain't material. A 5% growth in a developing economy that uses much more metal for infrastructure uses approx 15% more Cu, etc. Would help to read the Metal reports by such as UBS, RBC, Std Bank.