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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?

To: LoneClone who wrote (39229)4/28/2009 11:27:18 AM
From: LLCF  Respond to of 39344
 
<But when will the Chinese stop buying for their stockpiles?>

When the dollar is worth .01 Euro? ie. this fall? -gggg-

DAK



To: LoneClone who wrote (39229)4/28/2009 11:28:30 AM
From: Valuepro  Read Replies (2) | Respond to of 39344
 
LC, "But when will the Chinese stop buying for their stockpiles?"

When they think the market is over bought. That is certainly not now, especially as LME inventories are dropping dramatically. Note these inventories continue to fall even as the price of copper has gone from $2.18 to $1.93 at present.

Maybe we can revisit this question at another time.

VP in AZ


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