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To: robnhood who wrote (66058)	11/11/2006 3:32:41 PM
From: theclan	Respond to of 312999

I like gold.

To: robnhood who wrote (66058)	11/11/2006 4:05:50 PM
From: Gib Bogle	Read Replies (2) \| Respond to of 312999

Base metal prices may have peaked (e.g. Cu) or be close (e.g. Ni) but that doesn't mean that the mining stocks have peaked. Also I think it's very hard to argue that zinc, for example, has peaked. In the long run there is no doubt that metal prices will fall to the marginal cost of production, but the big question is how long will that take.