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Message: COMMODITIES - (Wednesdays Close) NEW HIGHS

COMMODITIES - (Wednesdays Close) NEW HIGHS

posted on Apr 16, 2009 03:55AM

Nickel, Copper, Zinc and Lead are hitting New Highs, this we haven't seen since October 2008.

Some mining companies will be able to make ends meet at these prices.

In some ways I think its to early and too fast a climb upwards, only time will tell.

CLOSING PRICES (SPOT)



Gold US$/troy ounce 891.15 1.99

Silver US$/troy ounce 12.75 0.01

Copper US$/lb 2.18 0.06

Lead US$/lb 0.70 0.03

Zinc US$/lb 0.67 0.04

Nickel US$/lb 5.62 0.30

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