HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Message: commodity prices

commodity prices

posted on Aug 19, 2008 07:50AM

Anyone who follows Jim Sinclair knows it's just a matter of time before the commodity prices swing around.....big time

Maybe that day is today.....big turnaround from this morning....gold on a tear as is copper and nickel

My understanding is this....simply put...

-- commodities are priced in $US

-- they keep printing $US to back paper that is worth nothing

-- this in turn lowers the value of the $US....makes $US kinda like monopoly $....the more they print, the lower the value for all that is out there

-- this in turn raises the price of the commodities which are priced in $US



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