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: ouch

Re: ouch

in response to by
posted on May 07, 2009 06:42AM

Well the senior US Market isn't doing so well today although why that should knock us down when it's recovery didn't boost us is a puzzle.

The author of 'Black Swan' who forcast the kind of event that plunged us into the economic mess was interviewed yesterday. Part of his advice: "Gold, copper and other assets “that China will like” are the best investment bets as currencies including the dollar and euro face pressures, Taleb said. The IMF expects the global economy to shrink 1.3 percent this year."

You likely should put 'nickel' into that mix of 'commodities' he feels will do well.

While I don't like the trading today it is only one day and somebody having to or wanting to sell at less than I think is smart can distort prices temporarily.

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