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

To: Earlie who wrote (66034)	6/30/2009 8:16:00 AM
From: tyc:>	Read Replies (2) \| Respond to of 78419

>>"it behooves one to be aware of his track record" Could you give us an example of his successful "track record"? My only experience of him has been that he has expounded his conspiracy theories and the impending collapse of copper prices for years. Apparently this is not the track record we should be aware of. Would there not be time enough to be bearish on copper and other commodities when the price starts going down, rather than up ? Puts have a short shelf life and are expensive. ( I imagined the direction of commodity prices was a concomitant of weakening fiat. Are we instead to bet on fiat by spending money on puts ?). Also could you please explain the difference between investment demand for copper and investment demand for gold or any other hard asset ? I am surprised and disappointed that you apparently give weight to someone else's theories and opinions. Or have you come to like opinion independantly ? What is your evdence ?

To: Earlie who wrote (66034)	6/30/2009 8:27:58 AM
From: kayco	Read Replies (1) \| Respond to of 78419

"BUT THERE ARE SOME CLOUDS OVER THE COMMODITY COMPLEX With the U.S. still in recession, what has been fuelling the commodity markets have been the revival signs in China, and here, the news has become mixed from a commodity standpoint. We learned that Chinese imports of refined copper hit a record high in May for the fourth month in a row; but domestic supplies were actually put to work in terms of consumption at a much slower rate. In fact, the FT estimates that Chinese copper usage actually fell 3.5% in May even as imports surged 6% MoM (and 25.8% from a year ago). The same holds true for aluminum where consumption fell 1% in May."