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Gold/Mining/Energy : Silver Bull Resources, Inc. -- Ignore unavailable to you. Want to Upgrade?


To: shelby3 who wrote (1912)5/30/2008 3:48:42 AM
From: jack102son  Read Replies (2) | Respond to of 5637
 
I just can't agree with you. If the world economy is slowing down than the demand is going to be lower.

I don't like the idea that commodities are bought because of a hedge but because of the real demand. I like what I see in the past few days, that gold, silver and oil are going down and indexes up.

If consumers will buy more cars (especially in China, India, Russia...) and more bridges, houses, roads etc will be build than the demand for zinc will be real (zinc will be put in this things).

I don't know if the world economy is back on track already but the first signs are here and I hope that BRIC countries will lead the way. My opinion is that if we want to see zinc at 1,5 and higher than 2 in 2010 we need the world to consume zinc and that’s why we need the world GDP to grow. I am buying equity here not silver, zinc (hedge).



To: shelby3 who wrote (1912)5/30/2008 6:48:36 AM
From: jack102son  Read Replies (1) | Respond to of 5637
 
I prefer stories like this:

China to Build 1 Million Prefabricated Homes for Quake Victims 2008-05-30 04:15 (New York)

By Eugene Tang and Dune Lawrence
May 30 (Bloomberg) -- China plans to build one million prefabricated homes to house displaced residents from this month's earthquake, according to Beijing Chengdong Prefabricated House Co., a bidder for the project.
The government solicited bids for 20-square meter (215- square foot) prefabricated homes that will house residents for up to five years, Tong Jihai, Chengdong's general manager, said today in an interview in Chengdu, Sichuan province.
China is struggling to shelter at least 5 million left homeless and 15 million people displaced by the May 12 earthquake, as authorities evacuate residents threatened by floods from rubble-blocked rivers. The government needs at least 3.3 million tents and requested emergency shipments of shelters from abroad to supplement domestic supplies.
Chengdong's buildings are made of uniform galvanized steel plates sandwiched around polystyrene and screwed together into buildings as tall as three stories, Tong said. They cost 420 yuan
($60) a square meter, or about 8,400 yuan for each unit.
A block of 10 structures would take 12 workers about four hours to erect, Tong said. Flexible joints and a mostly steel structure mean that the buildings shake, but do not break, during an earthquake, he said.
The deadliest earthquake in China in 32 years left more than 68,000 people dead and destroyed 4.7 million houses. Aftershocks continued to bring down more houses, destroying 420,000 earlier this week, the official Xinhua News Agency reported.
Chengdong has provided temporary housing for workers constructing the Qinghai-Tibet railway, which opened in 2006, and sites for the summer Olympic Games in Beijing in August.

What I think of the US markets.
SPY in DEM (deutsche Marke):