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

To: LoneClone who wrote (45593)	7/25/2007 1:45:33 PM
From: koan	Read Replies (1) \| Respond to of 78428

LC: "But all base metals prices are down" to my response that all of the LME warehouse stocks are down. Yes, grasshopper, let me explain that little mystery to you (as EC would say-lol)-lol. The metals prices are based on supply demand price haggling, speculation and other amorphous variables. BUT, London Metal exchange actual warehouse storage holdngs are just pure fact. So the metals markets are probably going down because everything is going down based on the perception the US may be heading into a recession and the dmand for base metals will lessen. But the fundamental reality was that there was more demand than supply---TODAY. I am going with the facts and today. It is sort of like the difference between the faith based explanation of our existence and the evolutionary explanation-lol.