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Message: Re: commodities bottom, again - superb call on bottom for copper
2
Mar 26, 2009 07:50AM

Mar 27, 2009 11:42AM

I wonder how the Iraq war affects copper. Most every bullet is copper jacketed, and a year or two ago many sporting ammunition supplies were hard to come by due to the amount eaten up by US forces. That said, the SP for ATK which makes all the small arms ammo for the US isn't exactly healthy. Grain futures are pretty dull, May wheat (Chicago) retesting 52 wk lows.

I am sure a higher POG would help us some, but nothing compared to some great drill results either of the yellow metal or of yellow cake.

3
Mar 29, 2009 04:15AM
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