Good evening,

Its plain and simple, Kaiser and Coffin are not familiar with chrome, it sounds that they are on the same page as the rest of the market. His most precious metal is copper, he says,

"We’re definitely still in copper, but at the moment it's in a consolidation phase. We look at these markets in terms of supply first and demand second. From a supply perspective, new mines are just barely keeping pace with Asian demand. Once the U.S. housing problems started back in mid-2006, there was a pull back in copper. The copper price—then trading at around $4 a pound—dropped to $2.90 or $2.85. Chinese demand drove the price back up again. Now we're watching for the consolidation that will propel the Chinese to buy with greater strength. Once that happens we will be taking a longer-term perspective.'' It appears that their investments are mainly in companies that have copper. Why would he promote chrome and shoot himself in the foot.

His comments mean nothing!

R.S.