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whats up with the metals???

PostPosted: Sat Sep 15, 2012 8:46 am
by stlouiscoin
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??

Re: whats up with the metals???

PostPosted: Sat Sep 15, 2012 8:49 am
by 68Camaro
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.

Re: whats up with the metals???

PostPosted: Sat Sep 15, 2012 8:33 pm
by penny pretty
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!