William Adams
William Adams
buying change good join looking metals providing reluctant seems
The metals are looking nervous, the sell-offs are providing the dip-buyers with good opportunities but for a change the follow-on buying seems to be reluctant to join in.
demand distinct economy given global high housing interest lofty market metals period prices profile rising slower slowing suffer
Should the global economy suffer a period of slower demand, which is a distinct possibility given rising interest rates, a slowing housing market and high debt, then the demand profile on the metals could suffer. In turn, these lofty metal prices would then look out of place.
bullish changing hard metals near overall sentiment
Overall the sentiment in the metals is still very bullish and it is hard to see this changing in the near term.
base danger metals pulled rug underneath
On the surface, the base metals look strong, but there is a danger the rug could get pulled from underneath the market.
bullish disruption doubt lead metals strike suffering supply three
This is no doubt a bullish factor. Copper, lead and zinc are the three metals that are suffering supply disruption from strike action.
generally historic low standards stocks supply threat
Stocks are generally low by historic standards and the threat of supply disruptions hangs over the market.
copper earlier last prices rebound
The reversal...puts copper prices right back into the earlier consolidation zone, which undoes much of the rebound from last week.
accept aspect buy current funds knocks market remain stage until willing
At some stage the fundamentals will become influential again, but while the funds are willing and able to buy commodities, you have to accept that their patronage is the most influential aspect in the market and will remain so until something knocks them from their current thinking.
consumer effect far fuel hurricane hurt katrina prices ripple sent soaring therefore
The ripple effect from Hurricane Katrina may be far reaching, ... already sent fuel prices soaring which are going to hurt the U.S. consumer and therefore the economy.
concerns event external likely ongoing prices supply trends unless upsets
This, and ongoing concerns over supply are likely to underpin prices, so unless some external event upsets the funds, the upward trends are likely to keep prices on the rise.
die free nation
As a nation of free men, we must live through all time, or die by suicide.
copper investors market recent reminded risen stocks supply though threat tight
The threat of supply disruptions has reminded investors just how tight the copper market is, even though stocks may have risen in recent months.
happiness happy minds
Most of us are just about as happy as we make up our minds to be.
continues copper defy needless
Needless to say copper continues to defy gravity.