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whats up with the metals???

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whats up with the metals???

Postby stlouiscoin » Sat Sep 15, 2012 8:46 am

Well, whats up with the base metals actually?? I understnd pm's going up with qe3 and all, but i didn't think it would affect base metals like that. copper is up about 15% to 3.80, nickel is up to above $8 again, zinc is up to $.93, and the rest of the charts are at a nice 40 degree angle. Whats up with these??
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Re: whats up with the metals???

Postby 68Camaro » Sat Sep 15, 2012 8:49 am

There's some betting going on that money printing will keep the economy churning for a while. Which it might... for a while. The can has been kicked down the road about 6 months, give or take.
In the game of Woke, the goal posts can be moved at any moment, the penalties will apply retroactively and claims of fairness will always lose out to the perpetual right to claim offense.... Bret Stephens
The further a society drifts from the truth, the more it will hate those that speak it. George Orwell.
We can ignore reality, but we cannot ignore the consequences of ignoring reality. Ayn Rand.
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Re: whats up with the metals???

Postby penny pretty » Sat Sep 15, 2012 8:33 pm

68Camaro wrote:There's some betting going on that money printing will keep the economy churning for a while. Which it might... for a while. The can has been kicked down the road about 6 months, give or take.

betcha its not a deposit can!
"Is that a roll of pennies in your pocket?" "Why yes miss, it is... why do you ask?"
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