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

To: hank2010 who wrote (61654)	10/15/2008 2:13:48 PM
From: Valuepro	Read Replies (1) \| Respond to of 78412

"I interpret a 10% increase in growth of the world's largest consumer of metals to be bullish for commodities, especially iron, coal, moly, tungsten, vanadium, antimony, cobalt etc. All metals or coal which are not traded on LME and which are at or close to all time highs." The latest growth figure out of China is 9.7 percent. It may slow further from 12 percent last year, but if the bit from Rio Tino is correct, re acceleration of growth will come after the next few quarters. Indeed, this is hardly the death knell for metals, though Europe and North America in general appear to think otherwise.